GST CMP - 03 - Intimation of details of stock on date of opting for composition levy (Only for persons registered under the existing law migrating on the appointed day)
GST - Composition Rules - Final Draft Rules 18-5-2017
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GST composition levy stock intimation required when migrating from existing law, listing supplier invoices, tax components, and verification. Intimation of details of stock is required when a person registered under the existing law opts to pay tax under the composition levy on the appointed day, with identification data (GSTIN, names, address, ARN and jurisdiction) and schedules for opening stock from registered and unregistered suppliers detailing invoice data, values and tax components, plus tax paid details and a verification by an authorised signatory.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST composition levy stock intimation required when migrating from existing law, listing supplier invoices, tax components, and verification.
Intimation of details of stock is required when a person registered under the existing law opts to pay tax under the composition levy on the appointed day, with identification data (GSTIN, names, address, ARN and jurisdiction) and schedules for opening stock from registered and unregistered suppliers detailing invoice data, values and tax components, plus tax paid details and a verification by an authorised signatory.
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