Composition levy opt in requires filing Form CMP 01 with eligibility, declaration and verified authorisation to migrate into the scheme. Form GST CMP 01 is the intimation by a registered person migrating from the prior law to opt for the composition levy, requiring GSTIN/provisional ID, ... Summary
Composition levy opt in requires filing Form CMP 01 with eligibility, declaration and verified authorisation to migrate into the scheme.
Form GST CMP 01 is the intimation by a registered person migrating from the prior law to opt for the composition levy, requiring GSTIN/provisional ID, legal and trade names, principal place of business, chosen financial year for composition, registrant category of eligibility, jurisdiction, a declaration to abide by composition conditions and a verified affirmation by the authorised signatory.
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