banner_ad

Gst registration

Registration 157 views 3 replies

My client opted for normal Scheme (GST) and applied for it. Now he wants to shift to  Composition Scheme  (GST) from Normal GST  scheme. how can he do so..? Is there any procedure for that ????  

 

Replies (3)
I guess first he should be below the threshold limit of turnover of Rs 75 lakhs.
And he should not be a Service provider
He shall not do any interstate sale

Then he should cancel his normal registration and then apply for registration under composition scheme. But all your input tax credit may vanish if you opt for composition scheme.
closing stock itc will be revercea
reverced


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details