Option to pay composition tax clarified; filing CMP 02 or indicating in REG 01 required, applicability extends across PAN. Registered persons opting for the concessional composition rate under Notification No. 02/2019 must intimate the option by filing FORM GST CMP-02 and furnish FORM GST ITC-03; applicants may indicate the option in FORM GST REG-01 at registration. The option applies across all places of business under the same PAN and is effective from the start of the financial year or from the date of registration for new registrations. Chapter II of the Maharashtra GST Rules applies mutatis mutandis except as clarified. The Circular is clarificatory and implementation difficulties may be reported.
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Provisions expressly mentioned in the judgment/order text.
Option to pay composition tax clarified; filing CMP 02 or indicating in REG 01 required, applicability extends across PAN.
Registered persons opting for the concessional composition rate under Notification No. 02/2019 must intimate the option by filing FORM GST CMP-02 and furnish FORM GST ITC-03; applicants may indicate the option in FORM GST REG-01 at registration. The option applies across all places of business under the same PAN and is effective from the start of the financial year or from the date of registration for new registrations. Chapter II of the Maharashtra GST Rules applies mutatis mutandis except as clarified. The Circular is clarificatory and implementation difficulties may be reported.
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