Composition scheme eligibility requires withdrawal and invoice obligations upon disqualification, with procedural show cause and stock reporting. The option to pay tax under section 10 remains valid while conditions are satisfied; upon ceasing to satisfy them the person must pay tax under ordinary provisions, issue tax invoices for taxable supplies and file FORM GST CMP-04 within seven days. The proper officer may issue a show-cause in FORM GST CMP-05 for alleged ineligibility or contravention; after reply in FORM GST CMP-06 the officer shall order in FORM GST CMP-07 within thirty days either accepting or denying the option. Withdrawal or denial requires furnishing FORM GST ITC-01 of stocks within thirty days, and intimations apply across all places on the same PAN.
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.
Composition scheme eligibility requires withdrawal and invoice obligations upon disqualification, with procedural show cause and stock reporting.
The option to pay tax under section 10 remains valid while conditions are satisfied; upon ceasing to satisfy them the person must pay tax under ordinary provisions, issue tax invoices for taxable supplies and file FORM GST CMP-04 within seven days. The proper officer may issue a show-cause in FORM GST CMP-05 for alleged ineligibility or contravention; after reply in FORM GST CMP-06 the officer shall order in FORM GST CMP-07 within thirty days either accepting or denying the option. Withdrawal or denial requires furnishing FORM GST ITC-01 of stocks within thirty days, and intimations apply across all places on the same PAN.
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