One is Regular Dealer for the first year. Next year the composition Dealer changes. Can I change the regular Dealer again next year? pl any restrictions
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Quick Summary
This discussion addresses the possibility of changing your 'Regular Dealer' designation in subsequent years. While the composition dealer status changes annually, it's clarified that changing your Regular Dealer might require cancelling the current assignment and providing a reason. An assessment officer could potentially question the rationale behind such a change, so it's advised to consider this carefully.