GST News & Updates || GSTN Advisory on Filing of Declaration In Annexure-V by Goods Transport Agency (GTA) opting to pay tax under Forward Charge Mechanism

The Goods Transport Agency (GTAs), who commence Business or Cross Registration threshold on or after April 1st 2023, and wish to opt for payment of tax under Forward Charge Mechanism (FCM) 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

The Advisory can be accessed at GST News & Updates

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *