Reverse charge liability imposed on promoters for specified supplies from unregistered suppliers under Jammu and Kashmir GST. Imposes reverse charge liability on promoters for specified supplies received from unregistered suppliers: (i) goods or services constituting a shortfall from the minimum procurement value required of a promoter, excluding certain development related services; (ii) cement forming such shortfall; and (iii) capital goods supplied for construction where tax is payable at specified rates; with definitions of promoter, project, Residential Real Estate Project, and floor space index adopted from the Real Estate (Regulation and Development) Act, 2016.
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 liability imposed on promoters for specified supplies from unregistered suppliers under Jammu and Kashmir GST.
Imposes reverse charge liability on promoters for specified supplies received from unregistered suppliers: (i) goods or services constituting a shortfall from the minimum procurement value required of a promoter, excluding certain development related services; (ii) cement forming such shortfall; and (iii) capital goods supplied for construction where tax is payable at specified rates; with definitions of promoter, project, Residential Real Estate Project, and floor space index adopted from the Real Estate (Regulation and Development) Act, 2016.
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