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of <h1>Composition scheme valid while conditions met; withdrawal, denial, or show-cause triggers CMP-04, CMP-07, ITC-01 compliance</h1> The composition scheme option remains valid while a registered person meets its conditions; if conditions cease, the person must pay regular tax from that day, issue tax invoices for subsequent taxable supplies, and file withdrawal intimation (FORM GST CMP-04) within seven days. Prior to voluntary withdrawal the person must file FORM GST CMP-04. A proper officer may serve a show-cause notice to deny the option; after reply the officer must order acceptance or denial (FORM GST CMP-07) within prescribed time. On withdrawal or denial the registrant must file FORM GST ITC-01 with stock details within thirty days. Any withdrawal/denial for one place of business applies to all places under the same PAN.
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