I have registered under GST under voluntary registration basis but i forget to convert into Composition Scheme, now is there any possibility of obtaining Composite Scheme.
Thank You in advance
1 Replies
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 18 August 2017
Practically advising, its better to opt for regular scheme because in composite scheme, you cannot pass on the credit, so buyers might not be willing to buy if they do not get credit.
Under regular scheme, you can pass the credit.
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