Composition scheme opt in requires electronic intimation and statement filing with cumulative input tax credit adjustment. Registered persons opting for the composition scheme must electronically file FORM GST CMP-02 on the common portal, signed or verified by electronic verification code, directly or via a Commissioner notified Facilitation Centre by the prescribed deadline, and furnish FORM GST ITC-03 by the subsequent deadline. The amendment requires cumulative application of input tax credit conditions over the disruption months and mandates that the return in FORM GSTR-3B for the later period include the cumulative adjustment of input tax credit 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 opt in requires electronic intimation and statement filing with cumulative input tax credit adjustment.
Registered persons opting for the composition scheme must electronically file FORM GST CMP-02 on the common portal, signed or verified by electronic verification code, directly or via a Commissioner notified Facilitation Centre by the prescribed deadline, and furnish FORM GST ITC-03 by the subsequent deadline. The amendment requires cumulative application of input tax credit conditions over the disruption months and mandates that the return in FORM GSTR-3B for the later period include the cumulative adjustment of input tax credit for those months.
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