GST rate amendment expands taxable supplies to promoters, requires input-credit discharge when opting composition and shifts due dates. The Government inserted entry 452Q prescribing tax treatment for supplies by unregistered persons to a promoter-excluding capital goods and cement under the specified tariff heading-and defining promoter, project, REP and RREP; required registered persons who availed input tax credit and opt into the notification-based tax route to pay an amount equal to input tax credits on stocks and capital goods before opting (with residual credit lapsing); and substituted '10th' with '20th' in specified notification provisions to change relevant due dates.
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.
GST rate amendment expands taxable supplies to promoters, requires input-credit discharge when opting composition and shifts due dates.
The Government inserted entry 452Q prescribing tax treatment for supplies by unregistered persons to a promoter-excluding capital goods and cement under the specified tariff heading-and defining promoter, project, REP and RREP; required registered persons who availed input tax credit and opt into the notification-based tax route to pay an amount equal to input tax credits on stocks and capital goods before opting (with residual credit lapsing); and substituted "10th" with "20th" in specified notification provisions to change relevant due dates.
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