Composition levy election procedure clarified: CMP 02 selection and ITC 03 submission required, with an extended filing deadline. Corrigendum amends paragraph 2(i) to revise the intimation procedure for electing the composition levy by requiring selection of the category 'Any other supplier eligible for composition levy' in FORM GST CMP-02 and reiterates the obligation to furnish a statement in FORM GST ITC-03 pursuant to the applicable sub rule; it also extends the filing deadline and invites reporting of implementation difficulties to the Department.
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Composition levy election procedure clarified: CMP 02 selection and ITC 03 submission required, with an extended filing deadline.
Corrigendum amends paragraph 2(i) to revise the intimation procedure for electing the composition levy by requiring selection of the category "Any other supplier eligible for composition levy" in FORM GST CMP-02 and reiterates the obligation to furnish a statement in FORM GST ITC-03 pursuant to the applicable sub rule; it also extends the filing deadline and invites reporting of implementation difficulties to the Department.
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