Composition

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If any businessman regitered dealer which is registered in previous now he want to take composite scheme in gst what is procedure. If he take migration as normal dealer
Replies (9)
if his t/o is less than 75/50 L he can apply in prescribed form and get the benefit of composition
Thanku for rply
Can u give me suggestions and which form we fill for opting composite scheme
Thanku for rply sir
Can u help me and suugest me which form and procedure applicable for opting composite scheme
there is no form
directly login in your GST
go to user services
opt to composition scheme -yes
yes just do as saurabh says
According to old accounting rule we were not able to change method during the year.
At now we are in the middle of year, can it allow to us to go for composition?
or from composition to credit dealer?
yes u can do if all conditions are satisfied.
A dealer trading in textiles which was tax free in vat regime having turnover more than 75 lakh during previous year i.e. 2016-17. Now he is applying for registration under GST, can he opt for composition as a new dealer ?
If yes then any liability on closing stock of textiles ?
Considering new registration whether condition of preceeding year turnover is applicable to such dealer ?
Please reply & clarify the issue
no..he can not apply for composition
the basic condition of previous year turnover is not satisfied


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