Composition Scheme of GST

When can we apply for composition scheme of GST for the FY 2020-21? and what are the important points we need to keep in mind when we opt in for composition scheme?

Replies (2)
Quick Summary
This discussion addresses the eligibility and application period for the GST Composition Scheme for the financial year 2020-21. It also highlights important considerations for businesses opting into the scheme, particularly concerning the reversal of Input Tax Credit (ITC) on stock held at the end of March 2020 and the associated payable amounts.

On Year end at March-20...

ITC will be reversible and Payable on Stock...

Which ITC has to be reversed? for the stock available with us?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details