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Composition Scheme Option

SOURABH (ASSISTANT) (63 Points)

11 April 2018

Whether we have to renew our composition scheme option for each financial year??

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5 Replies

CA Rashmi Gandhi (Chartered Accountant) (86313 Points)
Replied 12 April 2018

No. Once opted will continue until not cancelled.

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RAJA P M ("Do the Right Thing...!!!") (128068 Points)
Replied 12 April 2018

No need...
If you are in composition dealer and You don't want opt out the scheme then no need any other activities like Renewal of Intimate to CBEC... The registration is continuing Upto your Valundary changes...

MURALISANKAR KANDASWAMY (210 Points)
Replied 12 April 2018

Sir
we are filling gstr4 for 4th quarter on 08 April 2018 unfortunetly we are not declare purchase details in gstr4 - B2B, SO April return already filed. Any option for declare purchase details(B2B)
plz suggestion sir.