Effective date of composition levy [ Rule 4 ] - GST Ready Reckoner - GST

Effective date of composition levy Rule 4 of CGST Act, 2017 provides for Effective date of Composition levy of tax Situation Effective date of composition levy Persons who have been granted provisional registration under clause (b) of sub-rule (1) of rule 24, and who opt for composition levy under section 10 [Intimation under Rule 3(1) ] The appointed date (i.e. 1 st July, 2017 ) Persons opting for composition after obtaining registration [Intimation under Rule 3(1) ] The beginning of the financial year Persons opting for composition levy at the time of making application for new registration in the same registration application itself when he is becoming liable to registration. [Intimation under Rule 3(2) ] a) where the application for registration is filed within 30 days of becoming liable to registration [ Rule 10(2) ] The date of becoming liable for registration b) where the application for registration is filed after 30 days of becoming liable to registration [ Rule 10(3) ] shall be the date of grant of registration.