Timing of tax liability: liability must be recorded in the tax period containing the completion certificate issuance or first occupation. The amendment substitutes wording so that the liability to pay state tax must be recognised in a tax period not later than the tax period in which the issuance date of the completion certificate or the date of first occupation, whichever is earlier, falls; it also replaces the phrase identifying the relevant registered persons with ', who shall'. The change is effected under section 148 on GST Council recommendations and is deemed effective from 2nd June, 2021.
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 tax liability: liability must be recorded in the tax period containing the completion certificate issuance or first occupation.
The amendment substitutes wording so that the liability to pay state tax must be recognised in a tax period not later than the tax period in which the issuance date of the completion certificate or the date of first occupation, whichever is earlier, falls; it also replaces the phrase identifying the relevant registered persons with ", who shall". The change is effected under section 148 on GST Council recommendations and is deemed effective from 2nd June, 2021.
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