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    <title>Seeks to amend Notification No. F A-3-16-2019-I-V-(31) dated 17th May 2019</title>
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      <description>A registered person who availed input tax credit and opts for the composition notification must pay, via debit to the electronic credit or cash ledger, an amount equivalent to input tax credit on inputs in stock, inputs in semi finished or finished goods in stock, and on capital goods, treating the supply as attracting the input tax credit reversal mechanism; after payment any remaining electronic credit ledger balance shall lapse. The rules applicable to composition taxpayers shall apply mutatis mutandis to such persons.</description>
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