Switch over from composition to normal scheme

ITC / Input 411 views 9 replies
Currently i am in composition scheme and now i want to go in normal scheme.what is the procedure?Can i switch over now?
Replies (9)
Yes... you can
A Composition Dealer may switch over as a Regular Dealer due to either of the following reasons:
Voluntarily opts to become a regular dealer &
By enforcement of law: The aggregate turnover exceeds the prescribed threshold limit of Rupees 75 Lakhs, or as per the prescribed conditions, he may not be eligible to opt for composition levy under GST.
whether there is option on gst portal to swtich over?

In my view...

The Composition dealer can opt out from Composition Scheme to Regular Scheme. No more Conditions.

They ll be file CMP-04 for opt out Composition...

But,

Now the situation, The options (Amendment & Opt out Composition) are not available in portal. In case its available Composition dealers can make to Regular. Also he ll be file their Quarter Return after the can make Changes...

 

Regards...

P M RAJA

No option available on GST Website to opt out of Composition .

Only option available now is to contact your jurisdiction officer.
Opt out option for composition started.
where is option on portal for opt out from composition scheme?
In profile section...

But will give you exactly shortly...
Showing in registration tab


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