If anyone applied for GST Registration by mistake as normal tax payer instead of Composition scheme. What is the remedy for it? can he change the same after submission for registration?
No it cannot be changed now. But can visit to your jurisdiction & ask for reject the application. With fresh mobile no. & Email ID can be applied again .
The person opting to switch over has to deposit the input tax credit in form gst itc 03 which is a declaration for intimation of itc reversal/payment of tax on inputs held in stock,semi finished state within a period of sixty days.