The GTAs, who initiate business or cross registration threshold on or after 1st April, 2023, and wish to choose for payment of tax via forward charge method are needed to file their declaration in Annexure V for the FY 2023-24 physically before the concerned jurisdictional body.
The declaration may be filed within the relevant time restrictions, as prescribed in the Notification. No. 05/2023-Central Tax (Rate), dated. 09.05.2023.