GSTIN Advisory on Filing of Declaration In Annexure V by Goods Transport Agency (GTA) opting to pay tax under forward charge mechanism

By | May 30, 2023
(Last Updated On: May 30, 2023)

Advisory on Filing of Declaration In Annexure V by Goods Transport Agency (GTA) opting to pay tax under forward charge mechanism

30/05/2023

 

    • The GTAs, who commence business or cross registration threshold on or after 1st April, 2023, and wish to opt for payment of tax under forward charge mechanism are required to file their declaration in Annexure V for the FY 2023-24 physically before the concerned jurisdictional authority.

 

    • The declaration may be filed within the specified time limits, as prescribed in the

Notification. No. 05/2023-Central Tax (Rate), dated. 09.05.2023. 

Thanks,
GSTN

Category: GST

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com