Which form reports the input tax credit amount payable on the specified stock and capital goods when a regular GST taxpayer switches to the composition levy?

Rule 44(4) of the CGST Rules, 2017 requires the amount of credit to be reversed under section 18(4), when a regular taxpayer opts for composition, to be furnished in FORM GST ITC-03. FORM GST ITC-01 is used to claim credit under section 18(1), ITC-02 to transfer credit on a sale, merger or demerger, and ITC-04 to report goods sent to a job worker.