Скачать или смотреть GST COMPOSITION SCHEME OPT OUT (CMP 04)

Please watch: "CANCEL YOUR GST REGISTRATION (ALREADY MIGRATED IN GST)"
   • CANCEL YOUR GST REGISTRATION (ALREADY MIGR...  â€Œ ‌‌ ‌
i this video u can learn how to opt out from Gst composition scheme.some major Restrictions and limitations under the composition scheme are

As part of India’s composition scheme, taxpayers must:

Not collect GST. GST is to be borne by the out-of-sale proceeds
Not claim input tax credit of GST on goods purchased or services availed
Issue a bill of supply instead of a tax invoice that declares “composition taxable person, not eligible to collect tax on supplies”
Display “composition taxable person” in a prominent place at his principal place of business and at every additional place of business
Let purchasers of goods know they are not entitled to a credit of GST paid by the composition taxable person
Pay GST on a reverse charge basis on the goods purchased and services availed from an unregistered person