Option for Goods Transport Agency to pay GST affects input tax credit eligibility and annual exercise requirements. Amendments revise GST rate schedule for transport and healthcare services, introducing an option for a Goods Transport Agency to pay GST under forward charge by filing Annexure V; where the option is exercised or where specified lower rates apply, the credit of input tax on goods and services used in supplying those services shall not be taken. The notification inserts new tariff entries for ropeway passenger and goods transport, GTA service conditions, clinical establishment room charges, and expands definitions for key terms; it prescribes timing and irrevocability conditions for the GTA option.
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Provisions expressly mentioned in the judgment/order text.
Option for Goods Transport Agency to pay GST affects input tax credit eligibility and annual exercise requirements.
Amendments revise GST rate schedule for transport and healthcare services, introducing an option for a Goods Transport Agency to pay GST under forward charge by filing Annexure V; where the option is exercised or where specified lower rates apply, the credit of input tax on goods and services used in supplying those services shall not be taken. The notification inserts new tariff entries for ropeway passenger and goods transport, GTA service conditions, clinical establishment room charges, and expands definitions for key terms; it prescribes timing and irrevocability conditions for the GTA option.
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