Composition scheme filing requirements: CMP-02 and ITC-03 filing deadlines established; cumulative ITC adjustment required in September return. The amendment requires registered persons opting for the composition scheme to electronically file FORM GST CMP-02 on the common portal and to furnish FORM GST ITC-03 as per sub rule (4) of rule 44 by the stipulated deadlines; these filings may be made directly or through a notified Facilitation State. It further provides that the condition for input tax credit adjustment applies cumulatively for February through August 2020 and that the FORM GSTR 3B for September 2020 must include the cumulative input tax credit adjustments for those months.
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 filing requirements: CMP-02 and ITC-03 filing deadlines established; cumulative ITC adjustment required in September return.
The amendment requires registered persons opting for the composition scheme to electronically file FORM GST CMP-02 on the common portal and to furnish FORM GST ITC-03 as per sub rule (4) of rule 44 by the stipulated deadlines; these filings may be made directly or through a notified Facilitation State. It further provides that the condition for input tax credit adjustment applies cumulatively for February through August 2020 and that the FORM GSTR 3B for September 2020 must include the cumulative input tax credit adjustments for those months.
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