switch from normal to composition scheme

ITC / Input 3984 views 9 replies
hi, actually we were late for registering for gst thats y we couldn't go for composition scheme. is it still podsible to switch to composition scheme?
Replies (9)
Yeah...
If you want new registration...?
If yes, at the time of registration you ll be select composition option. After Your gsti
*After your GSTIN opting under Composition Scheme. If you can't opt composition at the time of registration then you can wait next FY as 18-19...
In case you are already registered then no way for opt to Composition scheme this FY. You ll be wait for next FY 18-19....
Thanks
you are able to take composition scheme in Feb 2018

How we can switch from regular scheme of GST to Composition scheme?
 

Originally posted by : ANAND A
How we can switch from regular scheme of GST to Composition scheme?
 

 

See the "Services Tab - Opt to composition scheme" in your login ID and apply to Composition scheme with related details...

If I want to switch to composition scheme wef from 1st Apr'18, when should CMP -02 be filled ? Closing stock for the purpose of paymen of ITC should be considered till the date of application in CMP 02 or before that ? Where should the stock details be given for payment of Tax ? Further if I file CMP 02 on 29th March ? what happens to sale n Purchase from 29th Mar till 31st Mar ? Can I charge GST for this period n claim ITC ?

Please guide


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