GST (Goods and services tax) - India - Tally SolutionsHow to Move from Composition to Regular Scheme in GSTA person registered as a composition tax payer has to become a regular tax payer when his/her turnover crosses Rs. 50 Lakhs (in Special Category States except Uttarakhand) and Rs. 75 Lakhs...The post How to Move from Composition to Regular Scheme in GST appeared first on GST (Goods and services tax) - India - Tally Solutions.
A composition taxpayer must switch to the regular scheme once turnover crosses the prescribed threshold. The post notes Rs. 50 Lakhs applies in Special Category States except Uttarakhand, and Rs. 75 Lakhs applies in other states, triggering the move to regular registration.
For Special Category States other than Uttarakhand, the composition scheme turnover cap is Rs. 50 Lakhs. Once a registered composition dealer crosses this limit, they have to transition into the regular GST scheme as a normal taxpayer.
No, Uttarakhand does not follow the Rs. 50 Lakhs Special Category limit for composition. The post groups Uttarakhand with the higher Rs. 75 Lakhs threshold band, so dealers there continue under composition until turnover crosses Rs. 75 Lakhs.
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