I have a proprietorship company' and registered for Composite GST. Now as I am starting exports, I need to change to general GST Scheme.
Is there any timeframe for this change? Note that changing from general to composite can be done only at end of financial year
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Composition to General GST Scheme
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Quick Summary
Need to do within 7 days of exporting goods.
not at the end of financial year.
not at the end of financial year.
@ Puja Singh,
You can Opt out from composition scheme from any point of time during a FY...
You can Opt out from composition scheme from any point of time during a FY...
Filevsn intimation to the authorites get hold of the relevant documents. Iec code is important.
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