Goods Transport Agency GST option framework revised with new filing window and continuing effect unless reversal declaration is filed. The Andhra Pradesh Goods and Services Tax Rules, 2017 are amended to revise the Goods Transport Agency option framework for forward charge and reversion to reverse charge mechanism. The time period for exercising the option is changed to a window beginning on or after 1 January of the preceding financial year and ending on 31 March, with deemed continuation of the option for future years unless a declaration in Annexure VI is filed. Corresponding changes are made to Annexure V, and a new Annexure VI form is inserted for reversion to reverse charge.
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Goods Transport Agency GST option framework revised with new filing window and continuing effect unless reversal declaration is filed.
The Andhra Pradesh Goods and Services Tax Rules, 2017 are amended to revise the Goods Transport Agency option framework for forward charge and reversion to reverse charge mechanism. The time period for exercising the option is changed to a window beginning on or after 1 January of the preceding financial year and ending on 31 March, with deemed continuation of the option for future years unless a declaration in Annexure VI is filed. Corresponding changes are made to Annexure V, and a new Annexure VI form is inserted for reversion to reverse charge.
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