02 October 2017
Dear members,
My client has opted for composition scheme in GST, but now due to some reasons he wanted to opt for Regular sheme.
can he convert? if yes, pls tell he how to convert?
02 October 2017
@Rashmi Gandhi
thanks, but opting to out of composition, will he be automatically transferred to regular in GST or any new procedure to get in Regular sheme
02 October 2017
@ Mr Kapil Jain... I don't know exactly its converted immediately... Bcoz, You can first file CMP-04 for opt out composition... Also Dept ll approved/Rejected then you can get CMP-07. So, After approved you can continue to RD...
(Also It's new for all. So, You can try these steps. And contact your local Circle office)
03 October 2017
I endorse Raja P M's View.
everyone knows the option is available on portal now but no one knows the reply to multiple scenarios:
1. what about the return filling for July to September?
2. how to get credit of stock on hand on the date of opting out of composition?
3. what if the application for opting composition is rejected?
and
many more.
it's not as simple as filling a form. So better to get in touch with circle office.
CAclubindia
