04 August 2022
Under the said Notification dated 29th March, 2019, three kinds of supplies have been specified for which ‘promoter’ shall be liable to pay tax under reverse charge.... 1. For Input and input Service for Construction of Project: If ‘Promoter’ (Recipient) purchased input goods and services used in the construction of project from the unregistered person, the he is liable to pay GST under RCM on the supplies made from unregistered supplier under Section 9(4) of CGST Act, 2017. In respect of shortfall from the minimum value of goods or services or both required to be purchases for construction of project.
2.. For Purchase of Cement: Read: Notification No. 07/2019- Central Tax (Rate) dated 29th March 2019. 3. For Purchase Capital goods: Read: Notification No. 07/2019- Central Tax (Rate) dated 29th March 2019.
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