Option to pay GST by Goods Transport Agencies: deadline set and special declaration window for new registrants established. For the financial year 2023-2024 the option to pay GST must be exercised by 31st May, 2023. A Goods Transport Agency that commences new business or crosses the registration threshold during a financial year may opt to pay GST for that year by making a declaration in Annexure V within forty-five days of applying for GST registration or within one month of obtaining registration, whichever is later. The amendment is deemed effective from 9th May, 2023.
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 GST by Goods Transport Agencies: deadline set and special declaration window for new registrants established.
For the financial year 2023-2024 the option to pay GST must be exercised by 31st May, 2023. A Goods Transport Agency that commences new business or crosses the registration threshold during a financial year may opt to pay GST for that year by making a declaration in Annexure V within forty-five days of applying for GST registration or within one month of obtaining registration, whichever is later. The amendment is deemed effective from 9th May, 2023.
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