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Registration of Compounding Dealers

Para 8 - Business Processes for GST on Registration Processes in GST Regime - Goods and Services Tax - Para 8 - 8.0 8.1 Dealers below the Compounding ceiling will be provided with an option of availing the Compounding scheme i.e. they can pay the tax at Compounding rate (to be specified) without entering the credit chain. 8.2 Although the Compounding scheme is only a temporary phase before the taxable person starts functioning as a normal taxable person, separate format annexed as Annexure-V has .....

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