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  2. Feb 20, 2020 · How can I withdraw from the Composition Levy on the GST Portal? Ans: Navigate to Services > Registration > Application for Withdrawal from Composition Levy. Q 3. When do I need to withdraw from the Composition levy?

  3. Jul 7, 2021 · Composition Dealers can opt out of the scheme by filing GST CMP-04 online within 7 days for various reasons. Turnover limits and failure to meet conditions necessitates filing. Step-by-step guide for filing provided.

  4. How can I withdraw from the Composition Levy on the GST Portal? To withdraw from the Composition Levy on the GST Portal, perform the following steps: Note: If your Annual Aggregate Turnover for the current financial year has exceeded the quantum specified, then following Warning message to opt out of composition levy will be displayed on the ...

  5. Jun 16, 2020 · Registered person who voluntarily want to withdraw from the composition scheme need to file FORM GST CMP-4, before the date of withdrawal. Registered person who ceases to satisfy any provision of scheme has to file FORM GST CMP-4 for withdrawal within 7 days of such cessation.

  6. A registered taxpayer under the Composition Scheme in GST can withdraw from the scheme voluntarily or mandatorily. The following are the details regarding withdrawal from the Composition Scheme: Voluntary withdrawal: A composition dealer can choose to withdraw from the Composition Scheme voluntarily by filing an application in Form GST CMP-04.

  7. Apr 19, 2021 · Read steps to withdraw from Composition Scheme on GST Portal by taxpayer eligible to switch from Composition to Regular Scheme under GST

  8. Apr 3, 2024 · The GST CMP-04 intimation application for withdrawal from composition scheme should be filed within seven days of withdrawal (the date the taxpayer plans to opt-out of the Composition Scheme or becomes ineligible).