Respected Sir/Madam
I have mistakenly Opted In Composition Scheme For F.Y. 2017-2018.
What is the procedure to Opt Out from Composition Schme under GST for F.Y. 2017-18 ??
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How to opt out from composition scheme
Replies (6)
Yes.
You can opt out from composition scheme to Regular dealer at any time before the quarter...
Just you can use the option of "opt out composition scheme".
But, Now the option is not available. You can wait for Opening of Amendment section and you ll make changes....
Thank you, So I can pay GST as a Regular Tax Payer??
not now... after amendment..
you apply for fresh registration and carry business and you can cancel previous one later
| Originally posted by : Navin Dedhia | ||
 |
Thank you, So I can pay GST as a Regular Tax Payer?? |  |
No....
Now you are a Composition dealer as per GST portal. So, You can follow Composition rule. After amend your registration and Its confirmed then only you can go Regular...!
Opt out option for composition started.
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