My Client is GST Compostion business from FY 2017-18 to FY 2019-2020.
Now FY 2020-21 he want to opt for Regular. What is the last date for Opting Regular GST.
Can I opt in between FY 2020-21.
Thanks in advance
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GST Composition to Regular FY 2020-21
Replies (1)
Once the person crosses the threshold limit, the composition scheme option shall be lapse and it will then operate like a regular taxpayer. If the person withdraws a composition scheme, it shall be deemed to be withdrawal in respect of all other places of business registered on same PAN.
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