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Opt for Composition Scheme for FY 2024-25

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  2. Opt for Composition Scheme for FY 2024-25

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Here’s an important update for all taxpayers: You can now opt for the Composition Scheme for the Financial Year 2024-25 through the GST Portal. Here’s what you need to know:

– Deadline: The portal will remain open until March 31, 2024, allowing taxpayers to make their selection.

– Process: To opt for the Composition Scheme, simply navigate to ‘Services -> Registration -> Application to Opt for Composition Levy’ and file Form CMP-02.

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