Option to pay under forward charge: declaration must now confirm continued forward charge and non-reversion to reverse charge. Amendment substitutes the Annexure III declaration to require that a registrant stating they have exercised the option to pay tax on Goods Transport Agency services must indicate the option applies 'from the Financial Year ____' and expressly affirm that they 'have not reverted to reverse charge mechanism,' thereby confirming continued application of the forward charge option for those supplies.
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 under forward charge: declaration must now confirm continued forward charge and non-reversion to reverse charge.
Amendment substitutes the Annexure III declaration to require that a registrant stating they have exercised the option to pay tax on Goods Transport Agency services must indicate the option applies "from the Financial Year ____" and expressly affirm that they "have not reverted to reverse charge mechanism," thereby confirming continued application of the forward charge option for those supplies.
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