COMPOSITION SCHEME

[SHUBHAM SHARMA]

As a result of the recent GST Council Meeting held on 09 th of Sep. 2017, the application for opting for composition scheme has been extended to 30/09/2017.

But the option for the same is not working on GST portal.The link on the GST Portal is still showing 16 th August as the last date to opt for compositon scheme.

[MADAN RAHEJA]

The decisions taken on 9th September have yet to be notified.

[Ravikumar B]

Yes Sir, this is the status:

Option to pay tax under composition scheme be filed in March 2018 for the FY 2018-19.

AI Summary

Composition scheme deadline extension noted, but formal notification and portal update required before the election can be filed. The note explains that a GST Council decision extended the period to opt into the composition scheme, but the GST portal still reflected an earlier cutoff; the decision remains non operative until formally notified, and the option to elect composition for the following fiscal year is to be filed in the prescribed filing period when notified.