composition related

157 views 5 replies
Can a firm which was registered in August 2017 as regular dealer and did not file any return till now switch to compo. scheme, how n when?
Replies (5)
why no return till today ? what is the Business ?.
No... you can opt for composite scheme on at the beginning of FY year.
Yes , at beginning of fy you can swift to composite scheme but this does not mean the liability to file the return will be withrawal ,... that will stand pending . so its better to file your rerurns
But if they are providing services then Composition will not applicable except. restaurants service .
Irresponsible dealer

no its not possible today apply only in feb when portal permit 

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