Reverse charge liability: registered recipients must pay tax on specified supplies received from unregistered suppliers when notified. The amendment empowers the Government, on Council recommendation, to notify classes of registered persons who shall pay tax on a reverse charge basis for ... Summary
Reverse charge liability: registered recipients must pay tax on specified supplies received from unregistered suppliers when notified.
The amendment empowers the Government, on Council recommendation, to notify classes of registered persons who shall pay tax on a reverse charge basis for specified goods or services received from unregistered suppliers, and provides that all provisions of the Act apply to such registered recipients as if they were the person liable for payment.
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