Composition scheme opt-in via electronic intimation limits later TRAN-1 use and requires ITC statement filing. Certain registered persons may opt into the composition scheme by electronic intimation in FORM GST CMP-02 and must furnish FORM GST ITC-03 within ninety days, after which FORM GST TRAN-1 cannot be filed; FORM GST TRAN-1 may be revised once within the prescribed period or any extension; principals must generate e-way bills for interstate consignments to job workers regardless of value, and exempt persons transporting handicraft goods interstate must also generate e-way bills irrespective of value.
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 opt-in via electronic intimation limits later TRAN-1 use and requires ITC statement filing.
Certain registered persons may opt into the composition scheme by electronic intimation in FORM GST CMP-02 and must furnish FORM GST ITC-03 within ninety days, after which FORM GST TRAN-1 cannot be filed; FORM GST TRAN-1 may be revised once within the prescribed period or any extension; principals must generate e-way bills for interstate consignments to job workers regardless of value, and exempt persons transporting handicraft goods interstate must also generate e-way bills irrespective of value.
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