Switchover of GST registration from Compositon to regular
If a business is Registered under Composition Scheme of GST and crosses Limit of 1.5 crores within the financial year, Business registration has to change to Regular. and the business has to submit GSTR-4 for the current quarter and GSTR-1 also from the month in which he crossed the limit. But if the user wants to do some amendment in GSTR-4 after registration change how he is going to do that?
Registration switchover from composition to regular triggers different return filings; amendments after change require officer assistance. Switchover of registration from the Composition Scheme to regular registration occurs when a composition-registered business exceeds the turnover ceiling, requiring the taxpayer to file the composition-period return and, from the month of crossing the threshold, regular returns. Corrections to returns filed under the Composition Scheme after conversion to regular status must be effected through the procedural mechanisms of the tax administration, and taxpayers are advised to seek assistance from the jurisdictional range officer for portal-related amendment procedures. (AI Summary)
Goods and Services Tax - GST