Option to pay GST by goods transport agencies: declaration required within registration period; FY2023 24 option deadline specified. The amendment requires that the option to pay GST for Financial Year 2023-2024 be exercised by the specified cut-off date, and allows a Goods Transport Agency that commences business or crosses the registration threshold during a financial year to opt to pay GST by making a declaration in Annexure V within forty-five days of applying for registration or one month from obtaining registration, whichever is later.
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.
Option to pay GST by goods transport agencies: declaration required within registration period; FY2023 24 option deadline specified.
The amendment requires that the option to pay GST for Financial Year 2023-2024 be exercised by the specified cut-off date, and allows a Goods Transport Agency that commences business or crosses the registration threshold during a financial year to opt to pay GST by making a declaration in Annexure V within forty-five days of applying for registration or one month from obtaining registration, whichever is later.
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