https://www.taxtmi.com/notifications?id=140456 The notification amends the UTGST Rate framework for Goods Transport Agencies: the option to revert to reverse charge for any financial year must be exercised within a prescribed window in the preceding financial year; an exercised option is locked for one year and remains effective for that financial year; an election to pay under forward charge is deemed to continue for future years unless Annexure VI is filed within the prescribed window to revert to reverse charge. Annexure VI is inserted as the required declaration form and Annexure V wording is updated accordingly. en-us Wed, 26 Jul 2023 00:00:00 +0530 Fri, 28 Jul 2023 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=140456 The notification amends the UTGST Rate framework for Goods Transport Agencies: the option to revert to reverse charge for any financial year must be exercised within a prescribed window in the preceding financial year; an exercised option is locked for one year and remains effective for that financial year; an election to pay under forward charge is deemed to continue for future years unless Annexure VI is filed within the prescribed window to revert to reverse charge. Annexure VI is inserted as the required declaration form and Annexure V wording is updated accordingly. Notifications GST Wed, 26 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=140456