The CBIC has extended the due dates for opting in for the composition scheme. The GST portal issued an advisory regarding opting for composition for 2020-21. The notice said that, " The taxpayers SHOULD NOT file any GSTR-1/GSTR-3B, for any tax period of FY 2020-21, from any of the GSTIN on the associated PAN, or else they will not be able to opt for composition scheme for FY 2020-21". Here is the official notice: Advisory on Opting-in for Composition Scheme for 2020-21 - Extension of Dates in view of COVID-..
GST registration enables small taxpayers to either pay the Goods & Service Tax under composition scheme or a regular scheme. ..