GST payment option allowed; GTAs commencing business may elect to pay GST via declaration within registration period. The notification inserts provisos: the option to pay GST for the financial year 2023-2024 must be exercised by the prescribed deadline; and a GTA who commences business or crosses the registration threshold during a financial year may elect to pay GST for that year by submitting a declaration in Annexure V within the later of forty-five days from applying for GST registration or one month from obtaining registration.
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.
GST payment option allowed; GTAs commencing business may elect to pay GST via declaration within registration period.
The notification inserts provisos: the option to pay GST for the financial year 2023-2024 must be exercised by the prescribed deadline; and a GTA who commences business or crosses the registration threshold during a financial year may elect to pay GST for that year by submitting a declaration in Annexure V within the later of forty-five days from applying for GST registration or one month from obtaining registration.
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