FORM GST CMP-02 - Intimation to opt for composition levy
An eligible existing registrant elects composition for the next financial year; the election does not cure disqualifying activity.
Responsible actor: An existing registered person eligible for composition opts before the financial year begins. Provision: Section 10; rule 3(3).
Official source and completed example
Download official blank source extract PDF Download completed fictional sample PDF
The sample is a flowed model of the prescribed fields and selected paragraphs, not an official issued PDF. Names, references and facts are fictional. It contains no signature, stamp, DSC or simulated approval.
CGST Act/Rules, checked 21 October 2026; source form structure from official 1 January 2022 compilation; later law controls where expressly noted.
Worked facts and completed entries
Aster Learning Supplies has preceding-year aggregate turnover ₹80 lakh in Karnataka, makes only eligible intra-State goods supplies and has no excluded manufacture or disqualifying activity in the assumed facts. It files 20 March 2026 to opt forFY2026-27.
1-7. Composition intimation
| 1.GSTIN/Provisional ID | 29AABCA0000A1ZT |
|---|---|
| 2.Legal name | Aster Learning Supplies Private Limited (fictional) |
| 3.Trade name | Aster Learning Shop (fictional) |
| 4.Principal place of business | 12 Learning Park, Bengaluru, Karnataka 560001 (fictional) |
| 5.Category | Any other eligible supplier - trader |
| 6.Financial year opted | 2026-27 |
| 7.Central jurisdiction | Bengaluru - fictional jurisdiction |
| 7.State jurisdiction | Karnataka - fictional jurisdiction |
8. Declaration
The fictional retailer declares that it will comply with the section 10 conditions, refrain from collecting GST as a regular taxpayer, issue bills of supply and pay the composition liability and applicable reverse charge in cash. Eligibility is determined from the stated turnover/activity facts, not from this declaration alone.
Verification and execution
I, Meera Rao, director of the fictional applicant, solemnly affirm that the information in this educational scenario is true to its stated assumed facts and nothing has been concealed. Place: Bengaluru. Date: 20 March 2026. Signatory name/status: Meera Rao, authorised director (fictional; unsigned). Signature: not executed. No DSC, signature, seal or official approval is reproduced.
How this form moves the matter forward
- Test preceding-year aggregate turnover and all section 10 conditions for the person/PAN.
- Furnish CMP-02 before the chosen financial year starts.
- Identify stock/input/capital-goods credit requiring reversal through ITC-03 under the applicable 60-day rule.
- Pay quarterly through CMP-08 and furnishFY2026-27GSTR-4 by30 June 2027 under current rule 62, subject to a later valid extension.
Evidence supporting these entries
- Preceding-year PAN-level aggregate-turnover working ₹80 lakh
- Activity/supply-location and composition-eligibility record
- Stock/ITC reversal working and ITC-03 acknowledgement
Period and legal consequences
For the selected Karnataka trader, the general notified turnover ceiling is ₹1.5 crore; special State/activity limits and all exclusions must be tested separately. A current intrastate goods seller using an eligible e-commerce route is not automatically disqualified merely by the old pre October 2023 blanket restriction.
Primary source and exact locator
Official notified form source: PDF pages 8-8; printed pages 2-2.
CGST Act and government-hosted Act and Rules compilation - Section 10; rule 3(3). Source and example revision: 21 October 2026.
Questions answered by this example
Who prepares or issues this form?
An existing registered person eligible for composition opts before the financial year begins. An eligible existing registrant elects composition for the next financial year; the election does not cure disqualifying activity.
Can this sample be filed or treated as an issued document?
No. It is a completed fictional teaching example. Use the notified form and the authenticated portal/proceeding record for an actual matter. The example contains no executed signature or official approval.
What must reconcile before the next step?
Preceding-year PAN-level aggregate-turnover working ₹80 lakh; Activity/supply-location and composition-eligibility record; Stock/ITC reversal working and ITC-03 acknowledgement.