https://www.taxtmi.com/article/detailed?id=9343 Compulsory withdrawal of the composition levy requires issuance of a show cause notice (Form GST CMP-05) where ineligibility or contravention is suspected; the taxpayer may reply and be heard, after which the officer must issue an order (Form GST CMP-07) either denying the composition option or dropping proceedings. If no reply is filed within the prescribed period, the officer may withdraw the option. Withdrawal triggers administrative actions on the GST portal, removal of the composition flag across GSTINs on the same PAN, intimation to authorities and the taxpayer, and a requirement to furnish a stock statement in Form GST ITC-01 for goods held on the date of withdrawal. en-us Mon, 13 Jul 2020 10:55:49 +0530 Mon, 13 Jul 2020 10:55:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9343 Compulsory withdrawal of the composition levy requires issuance of a show cause notice (Form GST CMP-05) where ineligibility or contravention is suspected; the taxpayer may reply and be heard, after which the officer must issue an order (Form GST CMP-07) either denying the composition option or dropping proceedings. If no reply is filed within the prescribed period, the officer may withdraw the option. Withdrawal triggers administrative actions on the GST portal, removal of the composition flag across GSTINs on the same PAN, intimation to authorities and the taxpayer, and a requirement to furnish a stock statement in Form GST ITC-01 for goods held on the date of withdrawal. Articles Goods and Services Tax - GST Mon, 13 Jul 2020 10:55:49 +0530 https://www.taxtmi.com/article/detailed?id=9343