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Composition scheme opt-in under section 10 permitted with prescribed intimation and ITC reconciliation obligations and consolidated invoicing option. A provisionally registered person or a person registered under rule 10 may opt to pay tax under section 10 by filing FORM GST CMP-02 on the common portal and must furnish FORM GST ITC-03 within ninety days of commencing payment under section 10; furnishing FORM GST ITC-03 precludes filing FORM GST TRAN-1. A mid-quarter opt-in requires submission of FORM GSTR-4 for the period covered by composition and other applicable returns for prior periods.
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Provisions expressly mentioned in the judgment/order text.
Composition scheme opt-in under section 10 permitted with prescribed intimation and ITC reconciliation obligations and consolidated invoicing option.
A provisionally registered person or a person registered under rule 10 may opt to pay tax under section 10 by filing FORM GST CMP-02 on the common portal and must furnish FORM GST ITC-03 within ninety days of commencing payment under section 10; furnishing FORM GST ITC-03 precludes filing FORM GST TRAN-1. A mid-quarter opt-in requires submission of FORM GSTR-4 for the period covered by composition and other applicable returns for prior periods.
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