Clarification on Notification No. 2/2019 – CT(R) Dated 07.03.2019
According to CBIC Circular No. 97/16/2019-GST, Dated – 05.04.2019
(a) Registered Tax Payer who wants to opt to pay central tax @3% can apply now in From CMP-02 by selecting the category of registered person as “Any other supplier eligible for composition levy” as listed at Sl. No. 5(iii) of the said Form, latest by 30th April, 2019.
Such person shall also furnish a statement in FORM GST ITC03 in accordance with the provisions of sub-rule (3) of rule 3 of the said rules.
(b) Taxpayer who is registering first time in GST and wants to opt for payment of central tax @ 3% by availing the benefit of the said notification, if eligible, may do so by indicating the option at serial no. 5 and 6.1 (iii) of FORM GST REG-01 at the time of filing of application for registration.
Scheme once opted for any place of business in any State or Union territory shall be deemed to be applicable in respect of all other places of business registered on the same Permanent Account Number.
