A small Textile trader is having only Rs 6 lakhs yearly tournover at the max who is already registered under GST, but not opted for Composition dealer still neither filed the return. Can he opt for composition dealer now? If so plz let me know how.
6 Replies
Hemant Singh
(144 Points)
Replied 24 October 2017
no file return if trader tournover have 6 lakhs yearly
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 24 October 2017
Yes... You can opt to composition scheme...
sucheta
(NA)
(43 Points)
Replied 24 October 2017
but you have to file the return till the date you didn't opt for composition scheme..
Rahul Prasad
(CA Student)
(1683 Points)
Replied 24 October 2017
since opting composition date has been lapsed. so if u already registered and want to go for composition scheme then u have to wait till March 2018. till then have to file normal return. However if u are taking new registration then opt composition at the time of filling application at the time of registration.
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 24 October 2017
Opt to Composition is upto 31st March 2017...
Recent Topics
- Dr03 payment for input tax repayment
- Extra invoice in GSTR1
- CA Articleship form 112
- ITC for tax paid under RCM
- Loss adjust
- GST registration -rent Agreement
- Study partner for CA Final- Jan 26
- Sir, ITC is not showing in GSTR-3B, what to do
- Capital Gains on Industrial Property...
- While making correction in form-26QB getting - Maj
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
