Goods Transport Agency GST option rules amended for forward charge and reverse charge reversion under Assam State tax notification. Assam State GST notification amends the existing rate notification by inserting an explanation, revising the option window and deeming rule for a Goods Transport Agency to pay GST on a forward charge basis, omitting a specified sub-clause, and updating Annexure V accordingly. It also inserts Annexure VI prescribing the form for a Goods Transport Agency to revert to reverse charge mechanism before a financial year, with the option to be exercised within the prescribed period and remaining fixed for one year. The notification is deemed to have come into force from 27 July 2023.
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Provisions expressly mentioned in the judgment/order text.
Goods Transport Agency GST option rules amended for forward charge and reverse charge reversion under Assam State tax notification.
Assam State GST notification amends the existing rate notification by inserting an explanation, revising the option window and deeming rule for a Goods Transport Agency to pay GST on a forward charge basis, omitting a specified sub-clause, and updating Annexure V accordingly. It also inserts Annexure VI prescribing the form for a Goods Transport Agency to revert to reverse charge mechanism before a financial year, with the option to be exercised within the prescribed period and remaining fixed for one year. The notification is deemed to have come into force from 27 July 2023.
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