Reverse charge on purchases from unregistered suppliers imposed on notified recipients, with procedural ITC verification and supplier data obligations. The amendment updates definitions and references, treats Schedule II as determinative for classifying supply as goods or services, empowers notification of classes liable on reverse charge for purchases from unregistered suppliers, revises composition scheme eligibility and caps on service supplies, and establishes a new procedural regime for furnishing outward supply details and recipient verification of input tax credit claims including caps, joint liability, and prescribed recovery mechanisms.
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.
Reverse charge on purchases from unregistered suppliers imposed on notified recipients, with procedural ITC verification and supplier data obligations.
The amendment updates definitions and references, treats Schedule II as determinative for classifying supply as goods or services, empowers notification of classes liable on reverse charge for purchases from unregistered suppliers, revises composition scheme eligibility and caps on service supplies, and establishes a new procedural regime for furnishing outward supply details and recipient verification of input tax credit claims including caps, joint liability, and prescribed recovery mechanisms.
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