Option for Goods Transport Agency to revert to reverse charge mechanism requires filing Annexure VI between 1st January and 31st March. The notification amends State GST rate provisions to require a Goods Transport Agency to file Annexure VI to exercise the option to revert to reverse charge for a financial year within a prescribed window in the preceding year; an option to pay under forward charge is deemed to continue for future years unless Annexure VI is filed to revert. Annexure VI prescribes required identification and declaration, locks the option for one year, and the amendment is effective from 27th July, 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 for Goods Transport Agency to revert to reverse charge mechanism requires filing Annexure VI between 1st January and 31st March.
The notification amends State GST rate provisions to require a Goods Transport Agency to file Annexure VI to exercise the option to revert to reverse charge for a financial year within a prescribed window in the preceding year; an option to pay under forward charge is deemed to continue for future years unless Annexure VI is filed to revert. Annexure VI prescribes required identification and declaration, locks the option for one year, and the amendment is effective from 27th July, 2023.
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