Option to revert to reverse charge: GTA must file the prescribed form within the preceding year window to opt out of forward charge. The notification amends procedural rules for GTA elections between forward and reverse charge, moving the exercise and reversion window to the opening months of the preceding financial year, treating an existing forward charge election as continuing unless Annexure VI is filed within that window to revert, revises Annexure V language accordingly, inserts a new Annexure VI form for declarations to the jurisdictional GST authority, and omits a specified sub clause under serial number 24.
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 revert to reverse charge: GTA must file the prescribed form within the preceding year window to opt out of forward charge.
The notification amends procedural rules for GTA elections between forward and reverse charge, moving the exercise and reversion window to the opening months of the preceding financial year, treating an existing forward charge election as continuing unless Annexure VI is filed within that window to revert, revises Annexure V language accordingly, inserts a new Annexure VI form for declarations to the jurisdictional GST authority, and omits a specified sub clause under serial number 24.
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