This Article contains the List of notifications issued in respect of reverse charge provisions.
Following notifications have been issued in this regard:
- Notification No. 8/2017-Central Tax (Rate), dated 28-6-2017: CGST exemption relating to reverse charge on supplies received from unregistered person’s up to Rs. 5000 per day
- Rule 46 of CGST Rules 2017 (Notification No. 10/2017-Central Tax, dated 28-6-2017): Invoicing requirements in case of supplies received from unregistered person
- Notification No. 4/2017-Central Tax (Rate) & Notification No. 4/2017-Integrated Tax (Rate): Specified goods to attract liability under Reverse Charge
- Notification Nos. 13/2017 and 17/2017-Central Tax (Rate): Services specified for liability under Reverse Charge
- Notification No. 8/2017-Central Tax (Rate): CGST exemption relating to reverse charge on supplies received from unregistered persons upto Rs. 5000 per day.
This notification provides exemption from CGST to intra-State supplies of goods/services received by a registered person from any unregistered supplier.
However, this exemption shall not be applicable where the aggregate value of such supplies received by the registered person from any or all the unregistered suppliers exceeds Rs. 5000/- in a day.
From the language of the notification, it appears that if the value of such supplies exceeds Rs. 5000/- in a day, no exemption will be available.
- Proviso under Rule 46 of CGST Rules 2017 (Notification No. 10/2017-Central Tax)
The procedural requirements regarding issuance of invoices for goods/services received from unregistered persons have also been simplified.
In relation to the supplies received from the unregistered persons, the registered person may issue a consolidated invoice at the end of a month where the aggregate value of such supplies exceeds Rs. 5000 in a day from any or all the suppliers.
Government has notified certain goods, supplied by a specified category of persons, in respect of which tax shall be paid by the registered recipient.
Some of the goods specified are cashew nuts (not shelled or peeled), tobacco leaves and silk yarn.
Government has notified certain services, supplied by specified category of persons, in respect of which tax shall be paid by the recipient of service, as specified in the notification.
Some of the services specified are – Services provided by GTA by way of transportation of goods by road, services by individual advocate/senior advocate, services supplied by a director and services supplied by a recovery agent.
Further, in case of services of renting of hotel accommodation, tax shall be paid by the e-commerce operator except where supplier of such service is liable to be registered. This is a new entry in addition to the list of services under RCM as approved by the GST Council.