GST – Frequently Asked Question

Goods and Services Tax – GST – Dated:- 4-11-2017 – Q. Till when can I avail the option of composition under the increased threshold? Ans. The facility of availing composition under the increased threshold shall be available to both migrated and new taxpayers up to 31.03.2018. The option once exercised shall become operational from the first day of the month immediately succeeding the month in which the option to avail the composition scheme is exercised. Q. How will I file returns if I avail the option of composition in the middle of a quarter? Ans. New entrants to this scheme shall have to file the return in FORM GSTR-4 only for that portion of the quarter from when the scheme becomes operational and shall file returns as a normal taxpaye

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