Timing of GST liability: tax falls in the tax period when the completion certificate is issued or first occupation occurs. The amendment substitutes the identification phrasing to 'who shall' and prescribes that GST liability must be accounted for in the tax period not later than the tax period in which the date of issuance of the completion certificate for the project, where required, by the competent authority or date of its first occupation, whichever is earlier.
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.
Timing of GST liability: tax falls in the tax period when the completion certificate is issued or first occupation occurs.
The amendment substitutes the identification phrasing to "who shall" and prescribes that GST liability must be accounted for in the tax period not later than the tax period in which the date of issuance of the completion certificate for the project, where required, by the competent authority or date of its first occupation, whichever is earlier.
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