Time Limit for Sec 3(4) Intimation of Details of Stock for Composition Levy in Form GST CMP-03 Extended Till 31 Jan 2018

[Ref: GST Order No. 11/2017-GST dated 21 December 2017]

Subject: Extension of time limit for intimation of details of stock held on the date preceding the date from which the option for composition levy is exercised in FORM GST CMP-03 In exercise of the powers conferred by sub-rule (4) of rule 3 of the Central Goods and Services Tax Rules, 2017 read with section 168 of the Central Goods and Services Tax Act, 2017 (hereafter referred to as “the Act”), on the recommendations of the Council, and in supersession of Order No. 05/2017-GST dated 28th October, 2017, the period for intimation of details of stock held on the date preceding the date from which the option to pay tax under section 10 of the Act is exercised in FORM GST CMP-03 is extended till 31stJanuary, 2018.

F. No. 349/58/2017-GST