Opting in to Composition Scheme

21 January 2020

I have registered for GST as a normal tax payer 15 days ago and I have also received the GSTIN. Now whether I can opt for composition scheme

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Ganapathi Kamath (229 Points)
Replied 21 January 2020

Yes you can.

CMA M.Keerthi chandra (C.A FINAL STUDENT AND QUALIFIED C.M.A) (561 Points)
Replied 21 January 2020

You cannot change the option in middle of the financial year

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 22 January 2020

No you cannot , As per Rule 4 of CGST Act can opt for Composition scheme only at beginning of FY.

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