Forward charge option for goods transport agencies deemed continuous unless reverted to reverse charge mechanism, simplifying GST compliance. The amendment substitutes Annexure III wording so that goods transport agencies who exercised the option to pay GST under forward charge in a given financial year shall be deemed to have exercised it for subsequent financial years, unless they have reverted to the reverse charge mechanism, thereby removing the requirement to re exercise the option annually.
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 goods transport agencies deemed continuous unless reverted to reverse charge mechanism, simplifying GST compliance.
The amendment substitutes Annexure III wording so that goods transport agencies who exercised the option to pay GST under forward charge in a given financial year shall be deemed to have exercised it for subsequent financial years, unless they have reverted to the reverse charge mechanism, thereby removing the requirement to re exercise the option annually.
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