Prescribing persons liable to pay tax on reverse charge for the Madhya Pradesh Goods and Services Tax Act, 2017. - F-A-3-19-2019-1-V-(41) - Madhya Pradesh SGST

Commercial Tax Department Mantralya, Vallabh Bhawan, Bhopal Bhopal Dated 17 th May, 2019 F-A-3-19-2019-1-V(41).- In exercise of the powers conferred by sub-section (4) of section 9 of the Madhya Pradesh Goods and Services Tax Act, 2017 (19 of 2017), the Governor, on the recommendations of the Council, hereby notifies that the registered person specified in column (3) of the table below, shall in respect of supply of goods or services or both specified in column (2) of the Table below, received from an unregistered supplier shall pay tax on reverse charge basis as recipient of such goods or services or both:- Table Sl. No. Category of supply of goods and services Recipient of goods and services (1) (2) (3) 1 Supply of such goods and services or both [other than services by way of grant of development rights, long term lease of land (against upfront payment in the form of premium, salami, development charges etc.) or FSI (including additional FSI)] which constitute the short fall from the minimum value of goods or services or both required to be purchased by a promoter for construction of project, in a financial year (or part of the financial year till the date of issuance of completion certificate or first occupation, whichever is earlier) as prescribed in this department notification No. F-A-3-32-2017-1-V(72) 29 th June 2017, at items (i), (ia), (ib), (ic), (id), (ie) and (if) against serial No. (3) as amended. Promoter 2 Cement falling in chapter heading 2523 in the first schedule to the Customs Tariff Act, 1975 (51 of 1975) which constitute the short fall from the minimum value of goods or services or both required to be purchased by a promoter for construction of project, in a financial year (or part of the financial year till the date of issuance of completion certificate or first occupation, whichever is earlier) as prescribed in this department notification No. F-A-3-32-2017-1-V(72) 29 th June 2017, at items (i), (ia), (ib), (ic), (id), (ie) and (if) against serial No. (3) as amended. Promoter 3 Capital goods falling under any chapter in the first schedule to the Customs Tariff Act, 1975 (51 of 1975) supplied to a promoter for construction of a project on which tax is payable or paid at the rate prescribed in this department notification No. F-A-3-32-2017-1-V(72) 29 th June 2017, at items (i), (ia), (ib), (ic), (id), (ie) and (if) against serial No. (3) as amended. Promoter Explanation . - For the purpose of this notification, - (i) the term Promoter shall have the same meaning as assigned to it in clause (zk) of section 2 of the Real Estate (Regulation and Development) Act, 2016; (ii) project shall mean a real estate project (REP) or a Residential Real Estate Project (RREP); (iii) the term Real estate project (REP) shall have the same meaning as assigned to it in clause (zn) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016); (iv) Residential Real Estate Project (RREP) shall mean a REP in which the carpet area of the commercial apartments is not more than 15% of the total carpet area of all the apartments in the REP. 2. This notification shall be deemed to have come into force with effect from 1 st April, 2019. By Order and in the name of the Governor of Madhya Pradesh S.D. RICHHARIYA, Dy. Secy.