Composition scheme intimation requirement: opt-in must be electronically filed and ITC statement furnished, with cumulative input adjustments. Registered persons opting for the composition scheme must electronically file an intimation in FORM GST CMP-02, verified electronically or via a Facilitation Centre, and furnish FORM GST ITC-03 as required by rule 44(4). A cumulative input tax credit condition applies for the specified months in early-to-mid 2020, and the subsequent FORM GSTR-3B return must incorporate cumulative adjustments of input tax credit for those months as prescribed by the proviso to rule 36(4).
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 intimation requirement: opt-in must be electronically filed and ITC statement furnished, with cumulative input adjustments.
Registered persons opting for the composition scheme must electronically file an intimation in FORM GST CMP-02, verified electronically or via a Facilitation Centre, and furnish FORM GST ITC-03 as required by rule 44(4). A cumulative input tax credit condition applies for the specified months in early-to-mid 2020, and the subsequent FORM GSTR-3B return must incorporate cumulative adjustments of input tax credit for those months as prescribed by the proviso to rule 36(4).
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