Normally under GST, the supplier of goods or services is liable to pay GST on supply of goods or services. But, in some cases, the liability to pay GST has been cast upon the recipient of goods or services in the GST laws. It means that the supplier of goods or services will not charge GST on the invoice of goods or services. Rather, the recipient will be liable to pay GST to Government separately by obtaining registration and filing timely GST returns. This mechanism is known as "Reverse Charge Mechanism". In this article, we will discuss the list of those goods which are notified by the Central Government for the purpose of levy of GST under reverse charge mechanism.
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|
Sr. No. |
Description of supply of Goods |
Supplier of Goods |
Recipient of Goods |
|
1 |
Cashew nuts (not shelled or peeled) |
Agriculturist |
Any registered person |
|
2 |
Bidi Wrapper Leaves (tendu), Tobacco Leaves |
Agriculturist |
Any registered person |
|
3 |
Silk Yarn |
Manufacturer of silk yarn from raw silk or silk worm cocoons |
Any registered person |
|
4 |
Lottery |
State Government, Union Territory or local authority |
Lottery distributor or selling agent |
|
5 |
Raw Cotton |
Agriculturist |
Any registered person |
|
6 |
Used vehicles, seized and confiscated goods, old and used goods, waste and scrap |
Central Government, State Government, Union Territory or local authority |
Any registered person |
|
7 |
Purchase of priority sector lending certificate |
Registered person |
Any registered person |
