Composition scheme option allows provisional registrants to opt in with specified filings and limits on transitional claims. Provisional registrants may opt into the composition scheme by filing Form GST CMP-02 electronically to take effect from the prescribed date, on condition they furnish Form GST ITC-03 within the prescribed period; after furnishing ITC-03 they cannot submit Form GST TRAN-1. Registered persons who filed TRAN-1 within the permitted window may revise it once electronically within that window or any extension; e-way bill and form terminology changes and a quarterly Council performance reporting obligation are also prescribed.
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 option allows provisional registrants to opt in with specified filings and limits on transitional claims.
Provisional registrants may opt into the composition scheme by filing Form GST CMP-02 electronically to take effect from the prescribed date, on condition they furnish Form GST ITC-03 within the prescribed period; after furnishing ITC-03 they cannot submit Form GST TRAN-1. Registered persons who filed TRAN-1 within the permitted window may revise it once electronically within that window or any extension; e-way bill and form terminology changes and a quarterly Council performance reporting obligation are also prescribed.
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