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Composition Opt Out

This query is : Resolved 
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(Querist)
03 July 2020 What is the last date for opt out from Composition scheme i.e composition to Regular Taxpayer for FY 2020-21
As earlier it was 30th June..Is it extended?
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
03 July 2020 30th june is the last date for regular to composition. from composition to regular, opt out is possible any time except where it is on the basis of turnover crossing Rs 1.5 crore, 7 days from crossing the threshold.
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