Composition to regular tax payer
This query is : Resolved
NarayanaKumar
(Querist)
01 March 2018
now I am a composite tax payer, want to be composite upto march,2018. I want to change to regular taxpayer from april, 2018. pl guide me the procedure.
Joswin Punchakunnel
(Expert)
01 March 2018
File form GST CMP 04 before april 2018. Officer shall issue an order in form GST CMP 07. Finally file GST ITC 01 within 30 days of issue of the irder by officer
02 March 2018
Yes Agreed...
You can proceed the process before April 2018...
30 October 2026
Voluntary withdrawal needs only an intimation in CMP-04 (it can be filed any time in the year, no officer order is issued; CMP-07 is used only when the officer denies the option after a notice), after which you claim ITC on stock held on the day before withdrawal in ITC-01 within 30 days and file GSTR-4 for the period up to withdrawal.
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