Two days left to opt for GST composition scheme for FY22-23

New Delhi, Mar 29 (KNN) The last date to opt in for the GST composition scheme for FY21-23 available at the dashboard of taxpayers at common portal is March 31, 2022. 

Taxpayers whose aggregate turnover is up to Rs 1.5 crore in the previous financial year are eligible for availing the scheme. 

The eligibility criteria also applies to person having aggregate turnover of up to Rs 75 lakh in FY20-21 and who are registered in Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura & Uttarakhand.

Person supplying services and/or mixed supplies having aggregate turnover of up to Rs 50 lakhs in previous financial year can also avail the scheme.

Earlier the government had extended the last date to apply for the scheme from 30th April, 2019 to 31st July, 2019. (KNN Bureau)