how to switch from composition to normal schene

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26 Points Joined June 2017
without knowing the criteria of composition scheme i selected the composition scheme so now how to change it from composition to normal Gst
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On 18 September 2017 at 09:01 Report
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Student
141 Points Joined August 2017
You can get either by voluntary or by enforcement of act
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On 18 September 2017 at 10:17
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Student
141 Points Joined August 2017
Once you opt Normal scheme you will get ITC on inward supplies and have to pay GST on outward supplied
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On 18 September 2017 at 10:18
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26 Points Joined June 2017
sir enforcement of act means
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On 18 September 2017 at 12:38
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26 Points Joined June 2017
wat is the procedure to apply for voluntarily get normal Gst scheme
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On 18 September 2017 at 12:39
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Student
141 Points Joined August 2017
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
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On 18 September 2017 at 13:03
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"Do the Right Thing...!!!"
128147 Points Joined January 2015

@ 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

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On 18 September 2017 at 13:06
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"Do the Right Thing...!!!"
128147 Points Joined January 2015

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

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On 18 September 2017 at 13:06
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26 Points Joined June 2017
thank you sir
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On 18 September 2017 at 13:52
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"Do the Right Thing...!!!"
128147 Points Joined January 2015

You are most Welcome Dear...

GOOD LUCK....

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On 18 September 2017 at 13:54
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Chartered Accountant
86505 Points Joined April 2011
No option available on GST Website to opt out of Composition .

Only option available now is to contact your jurisdiction officer.
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On 18 September 2017 at 18:32
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26 Points Joined June 2017
Thank you mam
1 Reply
On 18 September 2017 at 22:01
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Chartered Accountant
86505 Points Joined April 2011
Welcome.... Pleasure is all mine.
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On 18 September 2017 at 22:04
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Student
141 Points Joined August 2017
thank you @ Rashmi maam !
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On 18 September 2017 at 22:10
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
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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On 18 September 2017 at 22:12


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