<h1>Taxpayers: File FORM GST CMP-02 by March 31, 2021, for Composition Scheme 2021-22. ITC-03 due within 60 days.</h1> Eligible registered taxpayers wishing to opt for the GST Composition Scheme for the fiscal year 2021-22 must file FORM GST CMP-02 by March 31, 2021, via the GST portal. This scheme becomes effective from April 1, 2021. Taxpayers who were regular in the previous fiscal year but are opting in must also file Form GST ITC-03 within 60 days for ITC reversal. Eligibility is based on aggregate turnover limits, with specific thresholds for different regions and types of supplies. Certain suppliers, including those involved in inter-state trade or e-commerce, are ineligible for this scheme.