Clarification regarding exercise of option to pay tax under notification F.NO.FIN/REV-3/GST/1/08(Pt-1) (Vol.1)/78 dt 07.03.2019

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....AR -04/2019-GST Subject: Clarification regarding exercise of option to pay tax under notification F.NO.FIN/REV-3/GST/1/08(Pt-1) (Vol.1)/78 dt 07.03.2019 - Reg. Attention is invited to notification F.NO.FlN/REV-3/GST/1/08(Pt-1) (Vol. 1)/78 dated 07.03.2019 (hereinafter referred to as "the said notification") which prescribes rate of state tax of 3% on first supplies of goods or services or bo....

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....d formations, the Commissioner, in exercise of its powers conferred by section 168 of the said Act, hereby clarifies the issues raised as below:- (i) a registered person who wants to opt for payment of state tax @ 3% by availing the benefit of the said notification, may do so by filing intimation in the manner specified in sub-rule 3 of rule 3 of the said rules in FORM GST CMP-02 by selec....

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....emed to be applicable in respect of all other places of business registered on the same Permanent Account Number. (iv)  the option to pay tax by availing the benefit of the said notification would be effective from the beginning of the financial year or from the date of registration in cases where new registration has been obtained during the financial year. 3.  It may be not....