According to the recent GSTN update, taxpayers can opt for the Composition Scheme for the financial year 2025-26 by filing Form CMP-02 on the GST Portal. The opt-in period is from February 4 to March 31, 2025. To apply, navigate to Services → Registration → Application to Opt for Composition Scheme on the GST Portal during this timeframe.
“Taxpayers can opt for the Composition Scheme for FY 2025-26 via GST Portal (‘Services -> Registration -> Application to Opt for Composition Levy’) from February 4 to March 31, 2025, by filing Form CMP-02.”
Source A2ztaxcorp
Latest Posts in "India"
- Hyderabad GST Evasion Surges as One-Third of Dealers Fail to File Returns
- Ludhiana Police Crack Down on GST Fraud Network
- High Court Clarifies GST Treatment of Corporate Guarantees Without Consideration
- West Bengal AAR Rejects Hotel ITC Advance Ruling Over Pending GST Proceedings
- IMS vs Purchase Register: GST Reconciliation Guide
