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how to switch from composition to normal schene

ITC / Input 1250 views 18 replies
without knowing the criteria of composition scheme i selected the composition scheme so now how to change it from composition to normal Gst
Replies (18)
You can get either by voluntary or by enforcement of act
Once you opt Normal scheme you will get ITC on inward supplies and have to pay GST on outward supplied
sir enforcement of act means
wat is the procedure to apply for voluntarily get normal Gst scheme
By enforcement of law: The aggregate turnover exceeds the prescribed threshold limit of Rupees 75 Lakhs, or as per the prescribed conditions, he may not be eligible to opt for composition levy under GST

@ Vikram Katariya.,

You can Change Composition to Regular....

 

In my view...

The Composition dealer can opt out from Composition Scheme to Regular Scheme. No more Conditions.

They ll be file CMP-04 for opt out Composition...

But,

Now the situation, The options (Amendment & Opt out Composition) are not available in portal. In case its available Composition dealers can make to Regular. Also he ll be file their Quarter Return after the can make Changes...

 

Regards...

P M RAJA

Also you ll move it your Circle office. They can help you...

thank you sir

You are most Welcome Dear...

GOOD LUCK....

No option available on GST Website to opt out of Composition .

Only option available now is to contact your jurisdiction officer.
Thank you mam
Welcome.... Pleasure is all mine.
thank you @ Rashmi maam !
No option available NOW...
It's not final and it's not lifelong... The option available shortly.
If it's not availability in future then the provision/rule is not applicable to assessee....


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