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switch from regular to composition

rocky (accountant) (948 Points)

28 July 2018

i am a regular tax payer, want to switch to composition. when will window be open? and frpm whrn composition will be started? from 1.4.19 or middle of the year?

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4 Replies

CA Sunil Kumar (Chartered Accountant) (4524 Points)
Replied 28 July 2018

From beginning of next financial year i. e. 01.04.2019

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Vinod Babu (24191 Points)
Replied 28 July 2018

Any GST registered taxpayer who want to opt for the Composition scheme for FY 2019-2020,
31st March 2019 may be the deadline to file the intimation in Form GST CMP-02 to opt into composition scheme for the FY 2019-2020.

Anyway wait for the further notification by the department.

piyush batra (2 Points)
Replied 02 April 2019

Hello.By mistake I was changed my gst number from composition to regular on 31/3/19.Now is it possible again change regular to composition.Please help me