Goods transport agency GST option rules are amended, tightening the filing deadline and registration-based election procedure. The Uttar Pradesh GST notification further amends the goods transport agency service notification by adding provisos to the relevant condition. For Financial Year 2023-2024, the option for the GTA to pay GST itself must be exercised on or before 31 May 2023. A GTA commencing new business or crossing the registration threshold during a financial year may opt to pay GST on its services by filing Annexure V within forty-five days of applying for registration or one month of 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.
Goods transport agency GST option rules are amended, tightening the filing deadline and registration-based election procedure.
The Uttar Pradesh GST notification further amends the goods transport agency service notification by adding provisos to the relevant condition. For Financial Year 2023-2024, the option for the GTA to pay GST itself must be exercised on or before 31 May 2023. A GTA commencing new business or crossing the registration threshold during a financial year may opt to pay GST on its services by filing Annexure V within forty-five days of applying for registration or one month of obtaining registration, whichever is later.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
