EXTENSION OF TIME TO FURNISH STOCK DETAILS
BY DEALERS WHO OPTED TO PAY TAX UNDER COMPOUNDING SCHEME
The Goods and Services Tax Act, 2017 came
into force with effect from 1.7.2017 in India.
The dealer’s whose aggregate turnover was
below Rs.75 Lakhs may opt for composition levy in the GST regime.
The existing dealers who opted to pay tax
under composition levy after introduction of GST have to file Form GST CMP-03
i.e. Intimation of details of stock on date of opting for composition levy (only for persons registered under the
existing law migrating on the appointed day).
Form
GST –CMP-03
[See Rule----]
Intimation
of details of stock on date of opting for composition levy
(Only for persons registered under the existing law migrating on the appointed day)
1. GSTIN
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2. Legal name
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3. Trade name, if any
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4. Address of Principal Place of Business
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5. Details of application filed to pay tax under section 10
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(i) Application reference number
(ARN)
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(ii) Date of filing
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6. Jurisdiction
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Centre
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State
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7. Stock of purchases made from registered person under the existing law
Sr. No
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GSTIN/TIN
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Name of the supplier
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Bill/ Invoice No.
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Date
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Value of
Stock
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VAT
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Central
Excise
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Service Tax (if applicabl e)
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Total
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1
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2
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3
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4
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5
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6
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7
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8
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9
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10
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1
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2
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Total
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8. Stock of purchases made from unregistered person under the existing law
Sr. No
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Name of the unregistered
person
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Address
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Bill/ Invoice No
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Date
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Value of
Stock
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VAT
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Central
Excise
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Service Tax (if applicabl e
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Total
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1
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2
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3
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4
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5
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6
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7
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8
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9
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||||
1
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||||||||||||
2
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||||||||||||
Total
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9. Details of tax paid paid
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Description
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Central Tax
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State Tax / UT Tax
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Amount
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Debit entry no.
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10. Verification
I_
hereby solemnly affirm and declare that the information given hereinabove is true and correct to the best of my knowledge and belief and nothing has been concealed therefrom.
Place:
Date:
Signature of Authorized Signatory
Name
Designation / Status
The last date for filing of the above return
extended upto 31.10.2017 in the order mentioned
below:
extended upto 31.10.2017 in the order mentioned
below:
F. No. 349/58/2017-GST Government of
India Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
***
Order No. 04/2017-GST
New
Delhi, the 29th September, 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
(referred to as “the Act” hereafter), on the recommendations
of the Council, 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 31stOctober, 2017.
(Upender Gupta)
Commissioner (GST)
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