Composition scheme opt out
This query is : Open
04 August 2017
Sir/Ma'am,
I have registered my firm under composition scheme in GST New Registration. Since my dealers have taken registration under regular scheme so the composition scheme will not be fruitful for us. I have searched everywhere in gst.gov.in login portal but nothing is appearing for opting out of Composition Scheme.
Please help us about how to opt out composition scheme.
Thanks in advance. Waiting for your reply.
I have registered my firm under composition scheme in GST New Registration. Since my dealers have taken registration under regular scheme so the composition scheme will not be fruitful for us. I have searched everywhere in gst.gov.in login portal but nothing is appearing for opting out of Composition Scheme.
Please help us about how to opt out composition scheme.
Thanks in advance. Waiting for your reply.
04 August 2017
Use CMP-04 Intimation of withdrawal from scheme.
Message likes :
1 times
04 August 2017
Sir but where to fill that form? I am not finding such form in my dashboard.
04 August 2017
Option to opting out from composition not yet started.
Message likes :
1 times
05 August 2017
Ok Ma'am. If it's is the case, then should I start generating invoices under regular scheme and opt out composition scheme as soon as it would be available online? I hope that the option must be enabled before first GST return. Please reply what to do..
05 August 2017
Yes start generating invoices under regular scheme and opt out composition scheme as soon as it would be available online.
05 August 2017
Ok sir.
Thanks a lot to both of you sir and ma'am.
Thanks a lot to both of you sir and ma'am.
Message likes :
1 times
06 August 2017
Welcome..........
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Minimum tax payable to file Updated return
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Salary from Qatar in Dollars in India
- GST ISSUE OF INPUT AND OUTPUT GST
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
