GST changes: reverse charge redefined, composition threshold raised, ITC rules revised, time-of-supply on advances and place-of-supply updated. Recipient liability under the Reverse Charge Mechanism was reworked-initial per-day exemptions were suspended and replaced by a notification-based regime specifying classes of registered recipients (with construction services expressly covered); composition levy eligibility and rates were liberalised and reduced; tax on advances was clarified with limited exemptions; scope of supply and place-of-supply rules were amended for cross-border and temporary import situations; and Input Tax Credit rules were revised including deemed receipt, extended claim windows, ITC transfer between registrations, and a changed order of ITC utilisation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST changes: reverse charge redefined, composition threshold raised, ITC rules revised, time-of-supply on advances and place-of-supply updated.
Recipient liability under the Reverse Charge Mechanism was reworked-initial per-day exemptions were suspended and replaced by a notification-based regime specifying classes of registered recipients (with construction services expressly covered); composition levy eligibility and rates were liberalised and reduced; tax on advances was clarified with limited exemptions; scope of supply and place-of-supply rules were amended for cross-border and temporary import situations; and Input Tax Credit rules were revised including deemed receipt, extended claim windows, ITC transfer between registrations, and a changed order of ITC utilisation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
