Composition tax option available after intimation, with ITC-03 filing required and TRAN-1 disallowed thereafter. Persons granted provisional registration or registration certificates may opt into the composition scheme from the first day of the month following intimation in FORM GST CMP-02 filed on the common portal and must furnish FORM GST ITC-03 within ninety days of commencing composition; after ITC-03 is filed they are not permitted to file FORM GST TRAN-1. Registrants opting into composition mid-quarter must file FORM GSTR-4 for the period of the quarter during which composition tax was paid and applicable returns for earlier portions of the quarter.
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 tax option available after intimation, with ITC-03 filing required and TRAN-1 disallowed thereafter.
Persons granted provisional registration or registration certificates may opt into the composition scheme from the first day of the month following intimation in FORM GST CMP-02 filed on the common portal and must furnish FORM GST ITC-03 within ninety days of commencing composition; after ITC-03 is filed they are not permitted to file FORM GST TRAN-1. Registrants opting into composition mid-quarter must file FORM GSTR-4 for the period of the quarter during which composition tax was paid and applicable returns for earlier portions of the quarter.
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