Composition scheme option enables provisional registrants to switch to composition and requires CMP-02 and ITC-03 filings. Provisional registrants or registration applicants may opt into the composition scheme by electronically filing FORM GST CMP-02 and must furnish FORM GST ITC-03 within ninety days; after furnishing ITC-03 they are precluded from filing FORM GST TRAN-1. The rules also permit a one-time revision of TRAN-1 declarations within prescribed time-limits or extended periods, and impose e-way bill generation obligations on principals sending goods to out-of-State job-workers and on exempt persons transporting handicraft goods inter-state.
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 enables provisional registrants to switch to composition and requires CMP-02 and ITC-03 filings.
Provisional registrants or registration applicants may opt into the composition scheme by electronically filing FORM GST CMP-02 and must furnish FORM GST ITC-03 within ninety days; after furnishing ITC-03 they are precluded from filing FORM GST TRAN-1. The rules also permit a one-time revision of TRAN-1 declarations within prescribed time-limits or extended periods, and impose e-way bill generation obligations on principals sending goods to out-of-State job-workers and on exempt persons transporting handicraft goods inter-state.
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