Hi experts.
One of my client is doing Transportation business (GTA) and collecting tax under Forward charge.
He is imposing GST @ 12% in Tax invoice and claiming ITC for GST paid on his inward supplies.
Now he wants to switch over from 12% (with ITC) to 5% (Without ITC) from the FY2024-25 onwards.
my query : Is it possible to switch over from 12% to 5% under Forward charge? Pls advice
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GTA - FCM switch over from 12 to 5
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At the beginning of year you can choose
OK sir.. thank you..
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