https://www.taxtmi.com/article/detailed?id=7672 Notifications arising from the 22nd GST Council raised composition scheme thresholds and revised Rule 3(3A) to permit newly registered persons to opt into composition from the month following intimation upon filing Form GST CMP 02 and furnishing GST ITC 03 within the prescribed period, after which TRAN 1 is barred. Exemptions were provided for certain inter state suppliers and casual handicraft suppliers from registration; exempt supplies (including interest/discount on loans) are excluded from aggregate turnover for composition eligibility. A single invoice cum bill of supply is allowed for mixed taxable and exempt supplies to unregistered recipients, and several GSTR forms and return deadlines were amended or extended. en-us Tue, 17 Oct 2017 08:14:36 +0530 Tue, 17 Oct 2017 08:14:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7672 Notifications arising from the 22nd GST Council raised composition scheme thresholds and revised Rule 3(3A) to permit newly registered persons to opt into composition from the month following intimation upon filing Form GST CMP 02 and furnishing GST ITC 03 within the prescribed period, after which TRAN 1 is barred. Exemptions were provided for certain inter state suppliers and casual handicraft suppliers from registration; exempt supplies (including interest/discount on loans) are excluded from aggregate turnover for composition eligibility. A single invoice cum bill of supply is allowed for mixed taxable and exempt supplies to unregistered recipients, and several GSTR forms and return deadlines were amended or extended. Articles Goods and Services Tax - GST Tue, 17 Oct 2017 08:14:36 +0530 https://www.taxtmi.com/article/detailed?id=7672