Accrual of GST liability - when is the ‘date of receipt of ...

Case Laws     GST

April 5, 2021

Accrual of GST liability - when is the ‘date of receipt of payment’ where no tax invoice is issued under Section 31 - agreement for the sale of flats in a project - Section 13(2) uses ‘earliest’ not once, but twice. - Saifee Developers had absolutely no justification in not paying the remaining GST and interest. It is unclear whether it has even paid the stamp duty on the MoU/Agreement as yet. It cannot be in default and yet continue to squat on a protective ad-interim order granted in exercise of equitable and discretionary jurisdiction - HC

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