Composition scheme option: taxpayers may opt by filing CMP-02 and must furnish ITC-03 within the prescribed period. A substituted rule permits provisional or newly registered persons to opt for the composition scheme by filing FORM GST CMP-02 on the common portal and to begin paying under section 10 from the next month; they must furnish FORM GST ITC-03 within the prescribed period and may not file FORM GST TRAN-1 after ITC-03. A proviso requires those opting mid-quarter to file FORM GSTR-4 for the period covered by composition payments and applicable returns for prior quarter periods. Additional amendments authorize an invoice-cum-bill of supply for mixed supplies, require consolidated tax invoices for monthly services, and revise related return and form tables for zero-rated and SEZ supplies.
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: taxpayers may opt by filing CMP-02 and must furnish ITC-03 within the prescribed period.
A substituted rule permits provisional or newly registered persons to opt for the composition scheme by filing FORM GST CMP-02 on the common portal and to begin paying under section 10 from the next month; they must furnish FORM GST ITC-03 within the prescribed period and may not file FORM GST TRAN-1 after ITC-03. A proviso requires those opting mid-quarter to file FORM GSTR-4 for the period covered by composition payments and applicable returns for prior quarter periods. Additional amendments authorize an invoice-cum-bill of supply for mixed supplies, require consolidated tax invoices for monthly services, and revise related return and form tables for zero-rated and SEZ supplies.
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