{"id":8938,"date":"2023-05-10T10:07:55","date_gmt":"2023-05-10T09:07:55","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=8938"},"modified":"2023-05-10T10:32:39","modified_gmt":"2023-05-10T09:32:39","slug":"time-limit-extended-for-exercising-the-option-to-pay-tax-under-forward-charge-for-fy-2023-24-by-goods-transport-agency-till-may-31-2023","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/time-limit-extended-for-exercising-the-option-to-pay-tax-under-forward-charge-for-fy-2023-24-by-goods-transport-agency-till-may-31-2023\/","title":{"rendered":"Time limit extended for exercising the option to pay tax under Forward Charge for FY 2023-24 by Goods Transport Agency till May 31, 2023"},"content":{"rendered":"<p align=\"justify\">The Central Government has extended  time limit for exercising the option to pay tax under the Forward Charge for Financial  Year 2023-24 by the Goods Transport Agency till May 31, 2023vide&nbsp;<a href=\"https:\/\/www.klickongstworld.com\/uploads\/SGST\/TaxNotification\/1683682575.pdf\" target=\"_blank\" rel=\"noopener\"><em><strong>Notification&nbsp;No.  05\/2023-Central Tax (Rate) dated May 09,<\/strong><\/em>&nbsp;<em><strong>2023&nbsp;<\/strong><\/em><\/a>.<br \/>\n  Earlier, CBIC vide&nbsp;Notification No. 03\/2022-Central Tax (Rate)&nbsp;dated 13th July 2022, provided an option to all  GTAs (Goods Transport Agencies) to opt for forward charge mechanism in place of  reverse charge mechanism. The original deadline was&nbsp;<strong>15th March 2023<\/strong>.<br \/>\n  Similar notifications have been issued under the  Integrated Goods and Services Tax Act, 2017 i.e.<a href=\"https:\/\/www.klickongstworld.com\/uploads\/SGST\/TaxNotification\/1683682667.pdf\" target=\"_blank\" rel=\"noopener\">05\/2023- Integrated Tax (Rate) dated 09.05.2023<\/a>  and the Union Territory  Goods and Services Tax Act, 2017 i.e. <a href=\"https:\/\/www.klickongstworld.com\/uploads\/SGST\/TaxNotification\/1683682741.pdf\" target=\"_blank\" rel=\"noopener\">05\/2023-Union Territory Tax (Rate) dated 09.05.2023.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2023\/05\/Time-limit-extended.jpg<\/p>\n","protected":false},"author":1,"featured_media":8939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8938"}],"collection":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/comments?post=8938"}],"version-history":[{"count":3,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8938\/revisions"}],"predecessor-version":[{"id":8942,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8938\/revisions\/8942"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/8939"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=8938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=8938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=8938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}