Functionality to opt in for Composition Scheme for FY 2021-22 now available on the GST Portal



Quick Summary
The Goods and Services Tax (GST) portal has released a new functionality allowing eligible taxpayers to opt into the Composition Scheme for the financial year 2021-22. This option is now accessible via the taxpayer dashboard on the Common Portal. Interested businesses must make their selection by 31st March 2021 to take advantage of this scheme.

Attention

GST Composition Scheme: Opt-in Now Open for FY 2021-22

Functionality to opt in for composition has been made available for FY 2021-22 in the Dashboard of taxpayers at Common Portal. The eligible taxpayers, who wish to avail the composition scheme may opt in for composition up to 31st March 2021.

FAQ :

The GST portal now has a functionality for taxpayers to opt in for the Composition Scheme for the financial year 2021-22.

Eligible taxpayers can opt in for the Composition Scheme.

The functionality is available in the Dashboard of taxpayers at the Common Portal.

Taxpayers must opt in for the Composition Scheme by 31st March 2021.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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