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<h1>Composition scheme under section 16 requires specified registration applications and prescribed forms with annual election and revocation deadlines.</h1> The Composition Scheme under section 16 requires dealers registering under section 19 to declare their intention to opt for composition; dealers on standard rates may elect composition from the start of the following year by filing Form DVAT-01 within thirty days; eligible persons must file Form DVAT-02 with particulars of trading stock and inputs liable under subsection (6); revocation of the option requires Form DVAT-03 within thirty days from the first day of the following year; dealers covered by subsection (10) must notify the Commissioner using Form DVAT 03A.