Reverse charge mechanism shifts GST liability to promoters for certain shortfall supplies received from unregistered suppliers. Notification prescribes that the recipient shall pay tax under the reverse charge mechanism for specified supplies received from unregistered suppliers where such supplies constitute the shortfall from the minimum purchases a promoter must effect for a real estate project; cement and capital goods forming that shortfall are expressly included, and the obligated recipient is the promoter as defined under the Real Estate (Regulation and Development) Act.
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 mechanism shifts GST liability to promoters for certain shortfall supplies received from unregistered suppliers.
Notification prescribes that the recipient shall pay tax under the reverse charge mechanism for specified supplies received from unregistered suppliers where such supplies constitute the shortfall from the minimum purchases a promoter must effect for a real estate project; cement and capital goods forming that shortfall are expressly included, and the obligated recipient is the promoter as defined under the Real Estate (Regulation and Development) Act.
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