GST

What is the format in which a taxable person must give an indication for the option to pay tax under the composition scheme?

The migrated traders must electronically transmit the intimation in Form GSTCMP-01. If a person has already been registered and is interested in payment under the composition levy, they must electronically give notification in Form GST CMP-01. A person filing a new registration application can also provide the option in Part B on Form GST REG-01. This will be considered an intimation.


State the benefits of E-way bill.


When can be the implementation of E-way bill be done?