GST option for goods transport agencies updated with filing deadlines for new business and registration threshold cases. Amends the Assam GST notification governing the option for a goods transport agency (GTA) to pay GST on services supplied by it. Additional provisos require that the option for the Financial Year 2023-2024 be exercised on or before 31 May 2023. A GTA commencing new business or crossing the registration threshold during a financial year may exercise the option by filing a declaration in Annexure V within forty-five days from the date of applying for GST registration, or within one month from the date of obtaining registration, whichever is later.
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Provisions expressly mentioned in the judgment/order text.
GST option for goods transport agencies updated with filing deadlines for new business and registration threshold cases.
Amends the Assam GST notification governing the option for a goods transport agency (GTA) to pay GST on services supplied by it. Additional provisos require that the option for the Financial Year 2023-2024 be exercised on or before 31 May 2023. A GTA commencing new business or crossing the registration threshold during a financial year may exercise the option by filing a declaration in Annexure V within forty-five days from the date of applying for GST registration, or within one month from the date of obtaining registration, whichever is later.
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