To continue under Composition scheme

This query is : Resolved

Gopalakrishnan. S (Querist)
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18 April 2020 Sir,

We were under " Composition " scheme in the FY 2019 - 20 and
would like to continue the same in the current FY ( 2020 - 21 ) also.

Should we file CMP-02 ?
What should we do to continue as "Composition " dealer ?

Pls. advice.

CA ANILKUMAR B.COM ACA DISA

CA ANILKUMAR B.COM ACA DISA (Expert)
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18 April 2020 As per the advisory issued, tax payers who already under the composition scheme, are not needed to re-opt for composition scheme again for FY.2020-21.

PAWAN KUMAR

PAWAN KUMAR (Expert)
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18 April 2020 Yes reply is correct, person already paying tax under composition scheme need not to file fresh intimation cmp-02 for FY-2020-21 as per cgst rule 5(2).