Notification No. 05/2022
Date: July 13, 2022
Subject: Amendment to Notification No. 10/2017–Integrated Tax (Rate) relating to reverse charge on GTA and renting of residential dwelling.
Description:
This notification amends Notification No. 10/2017–Integrated Tax (Rate) by revising conditions relating to GTA services where suppliers opt to pay tax under forward charge, inserting a new entry for renting of residential dwelling to a registered person under reverse charge, and prescribing a declaration format in Annexure III. The amendment clarifies tax liability and compliance requirements under reverse charge mechanism.
Issued for earlier notification?
Yes — it amends Notification No. 10/2017–Integrated Tax (Rate).