Forward charge option for GTA services requires registration, tax invoice with prescribed declaration, and applies to residential rent entry. The notification amends State Tax (Rate) provisions to allow the GTA-related entry to apply only where the supplier is registered, has opted to pay tax on GTA services under forward charge, and has issued a tax invoice charging State Tax accompanied by the prescribed declaration (Annexure III). It inserts Annexure III declaring registration and exercise of the forward-charge option for GTA services, omits certain listed services in another entry, and adds a new entry treating renting of residential dwelling to a registered person as a taxable service.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Forward charge option for GTA services requires registration, tax invoice with prescribed declaration, and applies to residential rent entry.
The notification amends State Tax (Rate) provisions to allow the GTA-related entry to apply only where the supplier is registered, has opted to pay tax on GTA services under forward charge, and has issued a tax invoice charging State Tax accompanied by the prescribed declaration (Annexure III). It inserts Annexure III declaring registration and exercise of the forward-charge option for GTA services, omits certain listed services in another entry, and adds a new entry treating renting of residential dwelling to a registered person as a taxable service.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
