Re- conversion of regular to compositon assassee in gst.
This query is : Resolved
26 December 2018
SIR, I REGISTERED IN GST AS A REGULAR ASSASEE. NOW, I WANT TO BE COMPOSITE ASSASEE. KINDLY INFORM ME THE STEPS TO CONVERT INTO COMPOSITION SECTION IN GST?
26 December 2018
regular dealers can switch over to composition scheme only at the end of the FY, i.e. not before 31.03.2018.
and also ensure that you have used all your stock otherwise ITC claimed on any left out stock will have to be reversed.
and also ensure that you have used all your stock otherwise ITC claimed on any left out stock will have to be reversed.
26 December 2018
You can opt only for the next financial year, the same can be done in GST portal before 31st March 2019.
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