Reverse charge mechanism for promoters covers project shortfall supplies, cement, and capital goods in real estate projects. Reverse charge applies to specified supplies received by a promoter from an unregistered supplier for a real estate project, including shortfall supplies, cement, and capital goods. The notification also defines promoter, project, Real Estate Project, and Residential Real Estate Project, and applies from 1 April 2019.
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Provisions expressly mentioned in the judgment/order text.
Reverse charge mechanism for promoters covers project shortfall supplies, cement, and capital goods in real estate projects.
Reverse charge applies to specified supplies received by a promoter from an unregistered supplier for a real estate project, including shortfall supplies, cement, and capital goods. The notification also defines promoter, project, Real Estate Project, and Residential Real Estate Project, and applies from 1 April 2019.
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