Amendment in Notification No. 11/2017–State Tax (Rate), dated the July 29, 2017 - G. O. Ms. No. 122 - Telangana SGST

GOVERNMENT OF TELANGANA Notification G. O. Ms. No. 122 Revenue (CT-II) Department (5/2023-State Tax (Rate)) , dated August 25, 2023. In exercise of the powers conferred by sub-section (1) , sub-section (3) and sub-section (4) of section 9, sub-section (1) of section 11 , sub-section (5) of section 15, sub-section (1) of section 16 and section 148 of the Telangana Goods and Services Tax Act, 2017 (Telangana Act No. 23 of 2017), the State Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following further amendments in the Notification No. 11/2017 State Tax (Rate), issued in G. O. Ms. No.110, Revenue (CT-II) Department, dated the July 29, 2017, published in Telangana Gazette Part-I, Extraordinary No. 191/A, dated the June 30, 2017, namely : Amendment In the said notification, in the table, against serial number 9, in item (iii), in sub-item (b), in the entries under column (5), in condition (2), after the second proviso, the following provisos shall be inserted, namely : Provided also that the option for the Financial Year 2023-2024 shall be exercised on or before the 31st May, 2023 : Provided also that a GTA who commences new business or crosses threshold for registration during any Financial Year, may exercise the option to itself pay GST on the services supplied by it during that Financial Year by making a declaration in annexure V before the expiry of forty-five days from the date of applying for GST registration or one month from the date of obtaining registration whichever is later. 2. This notification shall come into force with effect from 09th May, 2023.