ITC-03 Non compliance consequences

Padmanathan Kv (2127 Points)

29 April 2019  
A person was paying tax under regular provision of the act from july 2017 to Sept 2017. He switched to composition scheme from 1st Oct 2018 onwards. For FY 18-19 and 19-20 also he has opted for composition scheme. However it is now found that ITC-03 was not filed in Oct 2017. What could be the consequences and any remedies available?