Payment of GST by real estate promoter/developer supplying construction of residential apartment etc, on the shortfall value of inward supplies from registered supplier at the end of the financial year

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....AHATI-6 **** CIRCULAR NO. 93/2020-GST Dated Dispur the 26th June, 2020. Subject: Payment of GST by real estate promoter/developer supplying construction of residential apartment etc, on the shortfall value of inward supplies from registered supplier at the end of the financial year-reg. No. CT/GST-15/2017/375.- A revised GST rate has been prescribed, w.e.f. the 1st April, 2019....

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....e, shall be received by the promoter/developer from registered supplier only. In case of shortfall from the said threshold of 80 per cent., the promoter/developer shall pay the tax on the value of input and input services comprising such shortfall in the manner as has been prescribed vide said notification. This tax shall be paid through a prescribed form electronically on the common portal by end....