Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The GSTN issued Advisory No. 620 on January 01, 2024, on the functionalities available on the portal for the GTA assessees. The Functionalities Below are Made Available on the Portal for the GTA Taxpayers To Follow the Notification Above the Online Filing in Annexure V Form and Annexure VI Form are available on the portal […]
The Tamil Nadu Electricity Board has been granted relief by the Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT). The bench considering the limitation has quashed the service tax demand on the Goods Transport Agent (GTA) services. The Tamil Nadu Electricity Board, the appellant in this case, is involved in the […]
Recipients of goods transport agency (GTA) services are not obligated to file the service tax already filed via the transport agency, The Ahmedabad Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) stated. In the case presided over by Ramesh Nair (Judicial Member) and Raju (Technical Member), it was observed that when a service […]
For the financial year 2022-23 from 31st July 2023 to 31st August 2023, the Tax Advocates Association of Gujarat has urged the Finance Ministry to prolong the last date of ITR Filing. Before the Union Finance Minister Nirmala Sitharaman, CBDT Chairman, and Principal Chief Commissioner of Income Tax (PCCIT) of Gujarat the representation was addressed. […]
The last date for Goods and Transport Agencies to utilise the option of paying GST on an advance charge basis for the current FY to May 31 by the Government. The option of collecting and paying GST on a forward charge basis is available to goods transport companies under the GST system. However, if they […]
The Member Secretary/Chairperson of the GST Council has been requested to extend the deadline for opting for the Forward Charge for GTA services. In light of the above-mentioned, it is respectfully submitted that in order to choose the Forward Charge of tax for the Financial Year 2023–24, the Goods Transport Agencies must submit Annexure V, […]
The GST Network (GSTN) announced a new GST portal option on February 25, 2023, allowing all Goods Transport Agencies (GTA) to choose to pay GST on a forward charge. The revision follows the CGST rate announcement number 3/2022, which was published on July 13, 2022, the previous year. In addition to the reverse charge option, […]
The exporters would be qualified for the recovery of the utilized ITC of GST beneath the Reverse Charge Mechanism on transportation costs to the Goods Transportation Agency, said Authority for Advance Ruling (AAR) of Chhattisgarh. Under the Letter of Undertaking (LUT), the petitioner would be enrolled as an exported under the GST Act and would […]
Goods Transport Agency (GTA): The transportation services of goods by road under Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017 (sr.no.18), are free from GST Services (Heading 9965): (a) By road except for the services of: (b) By internal waterways. Latest Update Thus, it is to be considered as the transportation of goods by road, unless […]
