my consultant has wronly registered my company under composite scheme which is supposed to be regular tax scheme. please suggest how could I change this from composite to regular .
Yes. You can opt out from composition scheme to Regular dealer at any time before the quarter... Just you can use the option of "opt out composition scheme". But, Now the option is not available. You can wait for Opening of Amendment section and you ll make changes....
@ Rinku Gupta Sir, CMP-04 is the form of opt out from composition scheme. At the time of convert we can fill and submit the form. It's have the details of stock and more details. In case you ll see the form then you can get clarity....