Composite​ scheme

Explained in this link

https://www.google.co.in/url?sa=t&source=web&cd=5&ved=0ahUKEwiVtYCw4oHVAhUOSo8KHWPQDWAQFggqMAQ&url=http%3A%2F%2Fwww.cbec.gov.in%2Fhtdocs-cbec%2Fgst%2Ffaq-composition-levy-revised.pdf&usg=AFQjCNH2utjRxeWpeOx9DFpxQ2R8aU71jQ

1. Return has to filed quarterly instead of monthly returns.
2. You need not calculate and maintain details for input tax credits
3. You would be able to save yourself from tedious task of calculating your ultimate output tax liability after adjusting it with ITC.
4. You would have to simply pay the tax at a specified percentage on your turnover.