I want to about gst registration certificate in composition scheme. Plz inform me in detail.
In regular scheme form 06 issued by gst authorities what about composition scheme plz share in smple pic of composition registration certificate
Dear Sir,
1. A taxpayer whose turnover is below Rs 1.0 crore* can opt for Composition Scheme. In case of North-Eastern states and Himachal Pradesh, the limit is now Rs 75* lakh.
2. To opt for composition scheme a taxpayer has to file GST CMP-02 with the government. This can be done online by logging into the GST Portal.
3. A dealer is required to file a quarterly return GSTR-4 by 18th of the month after the end of the quarter. Also, an annual return GSTR-9A has to be filed by 31st December of next financial year.
For more details : https://cleartax.in/s/gst-composition-scheme
Thanks
Khalandar
CAclubindia
