GTAs Exempted From Yearly Declaration For GST Under Forward Charge: CBIC

The  Central Board of Indirect Taxes and Customs (CBIC)  on the recommendation of the 50th Meeting of the GST Council has notified the Goods Transport Agency (GTAs) exempted from yearly declaration for gst under forward charge. The GTAs will not be required to file a declaration for paying GST under forward charge every year with effect from July 27, 2023.  If they have exercised th…