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
- Filing of Online Declaration in Annexure V and Annexure VI for the existing GTA Taxpayers: under Notification No. 06/2023-Central Tax (Rate), on 26.07.2023, the option through the GTA to pay GST on the Forward Charge mechanism or the Reverse Charge mechanism respectively on the services supplied through them in a Financial Year would be practiced by making a declaration in Annexure V or Annexure VI from the 1st January of the current Financial Year till 31st March of the current Financial Year, for the next Financial Year.
To Follow the Notification Above the Online Filing in
Annexure V Form and Annexure VI Form are available on the portal for the existing GTA taxpayers for filing a declaration in Annexure V Form or Annexure VI Form for the succeeding FY 2024-25 from 01.01.2024 to 31.03.2024.
- How to Retrieve Annexure V Form: Post login on the FO portal-Navigate to Services>>User Services>>GTA>>Opting Forward Charge Payment by GTA (Annexure V).
- A Guide on Retrieving Annexure VI Form: Post login on the FO portal-Navigate to Services>>User Services>>GTA>>Opting to Revert under Reverse Charge Payment by GTA (Annexure VI)
- Online Declaration Submission in Annexure V for Newly Registered GTA Taxpayers: As per Notification No. 5/2023-Central Tax (Rate) issued on 09.05.2023, newly registered taxpayers can now opt to pay GST under the Forward Charge mechanism for services provided. They are permitted to submit their declarations within the stipulated deadline for the current Financial Year, i.e., 2023-2024 and beyond. The system will now configure the due date (within forty-five days from applying for GST registration or one month from obtaining registration, whichever is later) and display it on the dashboard for these newly registered taxpayers. This enables newly registered GTA taxpayers to file their online declarations for the current Financial Year within the specified due date on the portal.
- To Access: Post login on the FO portal-Click YES on the pop up message on post login (or) Navigate to Services>>User Services>>GTA>>Opting Forward Charge Payment by GTA (Annexure V).
- Manual Submission of Annexure V Form for FY 2023-24 on the Portal: GTA taxpayers, whether existing or newly registered, who have previously submitted Annexure V Forms manually for the FY 2023-24 to their respective jurisdictional authorities, are kindly requested to upload a clear, duly acknowledged copy of the Annexure V Form onto the portal. This uploaded copy should accurately reflect the details provided in the physical Annexure V originally submitted, including the correct date of acknowledgement from the jurisdictional office.
This action is for record-keeping purposes. Additionally, if Annexure V was submitted manually within the specified deadline for FY 2023-24, refiling it on the portal for FY 2024-25 or any subsequent Financial Year is not required. Utilizing the manual upload feature, taxpayers can securely upload a legible copy of the duly acknowledged Annexure V for 2023-24, ensuring accuracy in the provided particulars.
Read Also: GST: Transport Sector Needs Due Date Extension for GTA Forward Charge
- To Access: Post login on the FO portal-Navigate to Services>>User Services>>GTA>> Upload Manually Filed Annexure V.
According to the aforementioned notification, if a Goods Transport Agency (GTA) chooses to pay GST for the services provided in a particular Financial Year, that choice will automatically extend to subsequent financial years unless the GTA submits a declaration using Annexure VI to revert to the reverse charge mechanism.
However, GTAs who submitted declarations on the portal for the FY 2024-25 covering the period from 27.07.2023 to 22-08-2023 are considered filed and valid. These taxpayers are informed that they are not required to submit Annexure V Form declarations for the following Financial Years if they intend to maintain their preference for paying GST under the Forward Charge mechanism.
