Reverse charge invoicing: Government may prescribe time limits for recipient invoices; TDS-only registered suppliers treated as unregistered. Amendment empowers the Central Government to prescribe by rule the period within which a recipient must issue an invoice under the reverse charge ... Summary
Reverse charge invoicing: Government may prescribe time limits for recipient invoices; TDS-only registered suppliers treated as unregistered.
Amendment empowers the Central Government to prescribe by rule the period within which a recipient must issue an invoice under the reverse charge mechanism in clause (f) of section 31(3), and inserts an Explanation that a supplier registered solely for the purpose of tax deduction at source shall be treated as not registered for the purposes of that clause.
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