Composition scheme option: provisional or newly registered persons may opt in with prescribed intimation and ITC reconciliation obligations. Substituted rule allows provisional or newly registered persons to opt for the composition scheme by filing FORM GST CMP-02 on the portal and to furnish FORM GST ITC-03 within ninety days of commencing composition; FORM GST TRAN-1 cannot be filed after ITC-03. A new rule permits issuing a single invoice cum bill of supply for mixed taxable and exempt supplies to unregistered persons. Rule 54 requires a consolidated tax invoice for monthly service supplies, rule 62 mandates GSTR-4 filing for the composition period when opting mid quarter, and GSTR 1/GSTR 1A tables and form references are revised to address zero rated supplies, SEZ supplies and deemed exports.
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: provisional or newly registered persons may opt in with prescribed intimation and ITC reconciliation obligations.
Substituted rule allows provisional or newly registered persons to opt for the composition scheme by filing FORM GST CMP-02 on the portal and to furnish FORM GST ITC-03 within ninety days of commencing composition; FORM GST TRAN-1 cannot be filed after ITC-03. A new rule permits issuing a single invoice cum bill of supply for mixed taxable and exempt supplies to unregistered persons. Rule 54 requires a consolidated tax invoice for monthly service supplies, rule 62 mandates GSTR-4 filing for the composition period when opting mid quarter, and GSTR 1/GSTR 1A tables and form references are revised to address zero rated supplies, SEZ supplies and deemed exports.
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