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Liability to pay state tax shifts to the liable registered person when possession or right in the constructed property is transferred. The notification designates two classes of registered persons where consideration in the form of construction service or development rights affects tax allocation, and stipulates that the liability to pay state tax on such services arises when the developer, builder or construction company transfers possession or the right in the constructed property to the supplier of development rights by executing a conveyance deed or similar instrument.
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.
Liability to pay state tax shifts to the liable registered person when possession or right in the constructed property is transferred.
The notification designates two classes of registered persons where consideration in the form of construction service or development rights affects tax allocation, and stipulates that the liability to pay state tax on such services arises when the developer, builder or construction company transfers possession or the right in the constructed property to the supplier of development rights by executing a conveyance deed or similar instrument.
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