Key Pointers –

• To comply with the Notification No. 06/2023-Central Tax (Rate), dated 26.07.2023, online filing in Annexure V Form and Annexure VI Form is available on the portal for the existing GTA taxpayers for filing declaration in Annexure V Form or Annexure VI Form for the succeeding FY 2024-25 from 01.01.2024 to 31.03.2024.
• Newly registered taxpayers can now opt for the Forward Charge mechanism to pay GST on services, as per Notification No. 5/2023. The system configures the due date for filing declarations in the current Financial Year (2023-2024) and onwards, displayed on their dashboard. Newly registered Goods and Services Tax (GST) on Goods Transport Agency (GTA) taxpayers can file online declarations within the specified due date on the portal.
• The Existing/ Newly registered GTA taxpayers who manually submitted Annexure V Form for FY 2023-24, should upload acknowledged copies on the portal for record. No re-filing is needed for FY 2024-25 onwards.
• As per the above notification, the option exercised by GTA to itself pay GST on the services supplied by it during a Financial Year shall be deemed to have been exercised for the next and future financial years unless the GTA files a declaration in Annexure VI to revert under reverse charge mechanism
• GTAs who filed FY 2024-25 declaration on portal from 27.07.2023 to 22.08.2023 need not refile Annexure V for subsequent FYs if they wish to continue their option for pay GST on Forward charge mechanism.

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