Small dealers gst returns filing

This query is : Resolved

Quick Summary

A small GST-registered dealer asked whether monthly GST returns can be filed on estimated sales at 1% instead of paying 18% on actual sales. The clarification was that regular taxpayers must pay GST on actual turnover, while 1% applies only under the Composition Scheme if eligible.

ARCHANA

ARCHANA (Querist)
Follow

27 June 2026 sir/Mam,

One person taken gst registration, he is small dealer paper plates, plastic item sale shop now My question he want to files his on estimation basis not he will cut bill to person His item product is 18% but he want to file on estimation basis @1%

Please guide gst returns monthly basis sales @1% where to show

Thanking you,

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
Follow

27 June 2026 * Regular GST Registration: GST payable at 18% on actual sales; estimated filing at 1% is not allowed.
* Composition Scheme: Tax can be paid at the prescribed composition rate only if the dealer has validly opted for the scheme and fulfills all statutory conditions.
* Please verify whether the GST registration is under the Regular Scheme or Composition Scheme before filing the returns.

Message likes : 1 times

ARCHANA

ARCHANA (Querist)
Follow

29 June 2026 ok sir thank you reply , I am having One doubt can we convert Present registration to composition registration to show @1% on estimated sale ,

what is the procedure

kindly explain

Thanking you,

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

04 July 2026 To change your GST registration from the Regular to the Composition Scheme, you must file Form GST CMP-02 on the official GST Portal before the start of a new financial year. You will also need to file Form GST ITC-03 to reverse any unclaimed input tax credit.

Refer:: https://tutorial.gst.gov.in/userguide/compositionpoc/optforcomposition.htm

Message likes : 1 times

ARCHANA

ARCHANA (Querist)
Follow

04 July 2026 sir,

Thank you for your reply , only two months completed gst registration, can we convert composition scheme

Thanking you

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

04 July 2026 Not in between the financial year. You should have selected it at the time of registration itself. Now wait till March 2027....

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now