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Composition to Reguar schem
Can I opted regular scheem to FY- 2019-20
Replies (4)
Quick Summary
30/2020-CT provided the last date to opt for composition scheme was 30th June 2020, and ITC-03 must be filed by 31st July 2020 for FY 2020-21.
For FY 2019-20 the last date was in April 2019 only (some extensions were available briefly). Therefore, cannot be opted for previous year in the current year.
Strictly No.....
No. You cannot opt to the regular scheme from composite scheme of the financial year 2019-20.
Not now .....
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