How to opt for the Composition Scheme in GST?
You can opt for the Composition Levy under GST if you are a regular taxpayer with an aggregate annual domestic PAN-based turnover as specified from time to time.
However, you cannot opt for the Composition Levy if you are/you make:
– any supply of goods which are not liable to be taxed under this Act
– inter-state outward supplies of goods
– supplies through electronic commerce operators who are required to collect tax under section 52.
– a manufacturer of notified goods
– a casual dealer
– a Non-Resident Foreign Taxpayer
– a person registered as Input Service Distributor (ISD)
– a person registered as TDS Deductor/Tax Collector