Regular to Composition scheme
sir/Madam
Please advice whether i can convert from Regular to Composition scheme now
regards
Mithun Saha
Conversion from Regular to Composition Scheme under GST Allowed Only at Start of New Financial Year A user inquired about converting from the Regular to the Composition scheme under the Goods and Services Tax (GST). Three responses were provided. The first response indicated that the conversion could occur in the next financial year. The second response confirmed that the transfer is not allowable within the current financial year. The third response agreed with the first, stating that the option must be exercised at the beginning of the financial year. (AI Summary)
Goods and Services Tax - GST