Reverse charge mechanism for development rights and long-term land leases makes promoters the taxable recipients for construction supplies. The amendment makes specified real estate supplies taxable under the reverse charge mechanism, with any person supplying transfer of development rights or FSI (including additional FSI) for construction by a promoter, or supplying long term leases of land (30 years or more) for construction against upfront and/or periodic consideration, and designates the promoter as the recipient liable to tax.