Registered persons in whose case the liability to pay state tax on supply of the said services, on the consideration received in the form of construction service. - S.O.22/P.A.5/2017/S.148/2018 - Punjab SGST
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State tax liability on development rights-construction service exchange arises on transfer of possession or rights. Notification under section 148 notifies two classes of registered persons where consideration is exchanged between development rights and construction services: persons supplying development rights against construction service, and persons supplying construction service against development rights. State tax liability on such supplies arises when the developer or builder transfers possession or the right in the constructed complex, building or civil structure to the supplier of development rights by entering into 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.
State tax liability on development rights-construction service exchange arises on transfer of possession or rights.
Notification under section 148 notifies two classes of registered persons where consideration is exchanged between development rights and construction services: persons supplying development rights against construction service, and persons supplying construction service against development rights. State tax liability on such supplies arises when the developer or builder transfers possession or the right in the constructed complex, building or civil structure to the supplier of development rights by entering into a conveyance deed or similar instrument.
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