Composition scheme opt in via electronic intimation permits migration with prescribed ITC reporting and limits on TRAN 1 filings. Registered persons, including those provisionally registered, may opt into the composition scheme by filing FORM GST CMP-02 electronically and must furnish FORM GST ITC-03 within ninety days; furnishing FORM GST TRAN-1 is barred after ITC-03 is filed. TRAN-1 declarations may be revised once within prescribed periods. E-way bill rules require principals to generate bills for consignments to job-workers across States and exempted persons transporting handicraft goods to generate e-way bills irrespective of value. Amendments also adjust Technical Member remuneration and permit termination on Council recommendation, and require quarterly performance reports to the Council.
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 permits migration with prescribed ITC reporting and limits on TRAN 1 filings.
Registered persons, including those provisionally registered, may opt into the composition scheme by filing FORM GST CMP-02 electronically and must furnish FORM GST ITC-03 within ninety days; furnishing FORM GST TRAN-1 is barred after ITC-03 is filed. TRAN-1 declarations may be revised once within prescribed periods. E-way bill rules require principals to generate bills for consignments to job-workers across States and exempted persons transporting handicraft goods to generate e-way bills irrespective of value. Amendments also adjust Technical Member remuneration and permit termination on Council recommendation, and require quarterly performance reports to the Council.
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