Separate registration for multiple business places enables proportional transfer of unutilised input tax credit and suspends registration pending cancellation. The amendment retitles Chapter II to Composition Levy, extends composition scope to 'goods and services,' establishes separate registration for multiple places of business with conditions preventing mixed composition status, prescribes that intra-entity supplies between separately registered places be treated as taxable with invoicing, introduces suspension of registration pending cancellation proceedings, and provides a procedure (FORM GST ITC-02A) for proportional transfer of unutilised input tax credit to newly registered places via the common portal upon acceptance by transferees.
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Provisions expressly mentioned in the judgment/order text.
Separate registration for multiple business places enables proportional transfer of unutilised input tax credit and suspends registration pending cancellation.
The amendment retitles Chapter II to Composition Levy, extends composition scope to "goods and services," establishes separate registration for multiple places of business with conditions preventing mixed composition status, prescribes that intra-entity supplies between separately registered places be treated as taxable with invoicing, introduces suspension of registration pending cancellation proceedings, and provides a procedure (FORM GST ITC-02A) for proportional transfer of unutilised input tax credit to newly registered places via the common portal upon acceptance by transferees.
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