04 November 2019
Section 9(4) of Central GST is as below:
''(4) The central tax in respect of the supply of taxable goods or services or both by a supplier, who is not registered, to a registered person shall be paid by such person on reverse charge basis as the recipient and all the provisions of this Act shall apply to such recipient as if he is the person liable for paying the tax in relation to the supply of such goods or services or both."
My query is whether this section is applicable from 01-02-2019 or not?
04 November 2019
Not applicable, Sec 9(4) has been amended to refer only to specified goods and services as notified by the Government and not all supplied. As on date only applicable to construction of projects, where they have to procure around 90% from registered persons if not rcm, cement under rcm if purchased from unregistered, rcm for capital goods if purchased from unregistered.
04 November 2019
I didn't get your explanation. Can I have notification? As far as applicability of section is concerned, CBIC has postponed the same till 30-09-2019 vide Notification No. 22/2018 – Central Tax (Rate) dated 06-08-2018. However, vide Notification No. 01/2019 – Central Tax (Rate) dated 29-01-2019, CBIC has rescind previous notifications. Hence, it is confusing that whether the said section is actually applicable w.e.f. 01-02-2019 or not?
CAclubindia
