This circular provides a corrigendum to Circular No. 97/16/2019-GST dated 5 April 2019, as earlier amended, by extending the time limit for exercising the option to pay GST at the concessional rate of 3% under Notification No. 2/2019–Central Tax (Rate).

The corrigendum clarifies that registered persons eligible to opt for payment of central tax at 3% are now permitted to file the required intimation in FORM GST CMP-02 up to 30 September 2019, instead of the earlier prescribed date. The option is to be exercised by selecting the category “Any other supplier eligible for composition levy” in the said form.

It is further reiterated that such registered persons are also required to furnish FORM GST ITC-03 for reversal of input tax credit, in accordance with the applicable rules.

This amendment has been issued to provide additional time to eligible taxpayers to opt for the concessional tax scheme and to ensure smoother compliance.