Notification No. 11/2017-Central Tax (Rate) dt. 28-06-2017 - Annexure - V

[1][Annexure V

FORM

Form for exercising the option by a Goods Transport Agency (GTA) for payment of GST on the GTA services supplied by him under forward charge before the commencement of any financial year to be submitted before the jurisdictional GST Authority.

Reference No.-

Date: -

1. I/We______________ (name of Person), authorised representative of M/s……………………. have taken registration/have applied for registration and do hereby undertake to pay GST on the GTA services in relation to transportation of goods supplied by us during the financial year……………under forward charge in accordance with section 9(1) of the CGST Act, 2017 and to comply with all the provisions of the CGST Act, 2017 as they apply to a person liable for paying the tax in relation to supply of any goods or services or both;

2. I understand that this option once exercised shall not be allowed to be changed within a period of one year from the date of exercising the option and will remain valid till the [2][the start of the financial year for which I exercise option to revert under reverse charge mechanism by filing Annexure VI on or before the due date].

Legal Name: -

GSTIN: -

PAN No.

Signature of Authorised representative:

Name of Authorised Signatory:

Full Address of GTA:

(Dated acknowledgment of jurisdictional GST Authority)

Note: [3][The above option for any Financial Year shall be exercised on or after 1st January of the preceding Financial Year but not later than 31st March of the preceding Financial Year]. The option for the financial year 2022-2023 can be exercised by 16th August, 2022.”

[1] Inserted by Notification No. 03/2022-Central Tax (Rate) dt. 13-07-2022 wef 18-07-2022.

[2] Substituted for words “end of the financial year for which it is exercised” by Notification No. 06/2023-Central Tax (Rate) dt. 26-07-2023 wef 27-07-2023.

[3] Substituted for words “The last date for exercising the above option for any financial year is the 15th March of the preceding financial year” by Notification No. 06/2023-Central Tax (Rate) dt. 26-07-2023 wef 27-07-2023

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CGST Rate on supply of services [Section 9(1) of CGST Act]

Notification No. 11/2017-Central Tax (Rate) dt. 28-06-2017 - Annexure - V