Composition scheme option: provisional registrants may opt in via FORM GST CMP-02 and face TRAN-1 filing restrictions. A new rule permits provisionally registered persons or applicants to opt into the composition scheme under section 10 from October 1, 2017 by filing FORM GST CMP-02 and to furnish FORM GST ITC-03 within ninety days; after ITC-03 is filed they cannot file FORM GST TRAN-1. FORM GST TRAN-1 is amended to incorporate section 140(9) credits and Credit Transfer Documents (CTD) and to instruct CTD users to file TRAN-3. A one time revision of TRAN-1 is allowed under new rule 120A within prescribed or extended time.
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: provisional registrants may opt in via FORM GST CMP-02 and face TRAN-1 filing restrictions.
A new rule permits provisionally registered persons or applicants to opt into the composition scheme under section 10 from October 1, 2017 by filing FORM GST CMP-02 and to furnish FORM GST ITC-03 within ninety days; after ITC-03 is filed they cannot file FORM GST TRAN-1. FORM GST TRAN-1 is amended to incorporate section 140(9) credits and Credit Transfer Documents (CTD) and to instruct CTD users to file TRAN-3. A one time revision of TRAN-1 is allowed under new rule 120A within prescribed or extended time.
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