Option to pay tax on GTA services now requires registration, tax invoice and prescribed annexure declaration under amended Bihar SGST. The notification amends rate-entry conditions to provide that the exclusion does not apply where the supplier is registered under the Bihar GST Act, has exercised the option to pay tax on GTA services under forward charge, has issued a tax invoice charging State Tax at applicable rates, and has made the prescribed declaration on that invoice as set out in Annexure III; it also inserts a new entry making renting of residential dwelling to a registered person taxable and inserts Annexure III declaration.
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Provisions expressly mentioned in the judgment/order text.
Option to pay tax on GTA services now requires registration, tax invoice and prescribed annexure declaration under amended Bihar SGST.
The notification amends rate-entry conditions to provide that the exclusion does not apply where the supplier is registered under the Bihar GST Act, has exercised the option to pay tax on GTA services under forward charge, has issued a tax invoice charging State Tax at applicable rates, and has made the prescribed declaration on that invoice as set out in Annexure III; it also inserts a new entry making renting of residential dwelling to a registered person taxable and inserts Annexure III declaration.
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