TMI BlogRegistration under Composition SchemeX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, One Trader registered under GST composition scheme (quarterly return) and the turn over is below 75lacs But the Trader wants to adopt Regular Scheme/Regular Business (Monthly Return) under GST. How to process the same.. Is it possible to change over the same now... Please guide on this.... - Reply By RAMESH PRAJAPATI - The Reply = You may refer to following CBEC - GST - FAQ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Q 25. Can a person paying tax under composition levy, withdraw voluntarily from the scheme? If so, how? Ans. Yes. The registered person who intends to withdraw from the composition scheme can file a duly signed or verified application in FORM GST CMP-04 . Every person who has filed an application for withdrawal from the composition scheme, may electronically furnish, a statement in FORM GST ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ITC-01 containing details of the stock of inputs and inputs contained in semi-finished or finished goods held in stock by him on the date of withdrawal, within a period of thirty days of withdrawal. - Reply By THYAGARAJAN KALYANASUNDARAM - The Reply = Dear sir, This form is not provided in the portal so far. - Reply By RAMESH PRAJAPATI - The Reply = Yes, GSTN portal is still not fully r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eady. We will have to wait. - Registration under Composition Scheme - Query Started By: - kamdev senapati Dated:- 19-8-2017 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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