Reverse charge on supplies to promoters by unregistered persons; promoter bears tax liability under prescribed conditions. Inserts 9% State Tax entry 452Q treating supplies of goods (other than capital goods and cement under chapter heading 2523) by an unregistered person to a promoter for construction of a real estate project as taxable with tax payable by the promoter under the reverse charge mechanism, and defines promoter, project, REP and RREP; the entry applies to all goods meeting these conditions even if covered elsewhere.
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Provisions expressly mentioned in the judgment/order text.
Reverse charge on supplies to promoters by unregistered persons; promoter bears tax liability under prescribed conditions.
Inserts 9% State Tax entry 452Q treating supplies of goods (other than capital goods and cement under chapter heading 2523) by an unregistered person to a promoter for construction of a real estate project as taxable with tax payable by the promoter under the reverse charge mechanism, and defines promoter, project, REP and RREP; the entry applies to all goods meeting these conditions even if covered elsewhere.
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