Opting in to Composition Scheme

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113 Points Posted on 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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On 21 January 2020 at 13:23 Report
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If you've recently registered for GST as a normal taxpayer and received your GSTIN, you can indeed opt for the Composition Scheme. However, it's important to note that this choice can only be made at the beginning of the financial year. You cannot switch to the Composition Scheme mid-financial year.

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229 Points Posted on 21 January 2020
Yes you can.
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On 21 January 2020 at 16:12
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C.A FINAL STUDENT AND QUALIFIED C.M.A
563 Points Posted on 21 January 2020

You cannot change the option in middle of the financial year

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On 21 January 2020 at 16:59
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GST Practitioner
55067 Points Posted on 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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On 22 January 2020 at 02:29

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