GST Composition Scheme for Goods
Simplified Tax Compliance for Small Businesses Under GST
The GST Composition Scheme is designed for small taxpayers dealing in goods, allowing them to pay GST at a fixed rate on turnover with reduced compliance requirements. It is ideal for businesses looking for a simpler alternative to regular GST filing.
Under this scheme, businesses cannot claim input tax credit and cannot charge GST separately on invoices, but benefit from lower tax rates and minimal compliance burden.
Our Composition Scheme Services
Eligibility Check
We assess whether your business qualifies for the scheme.
Scheme Registration
Opt-in filing under GST composition scheme.
Advisory Support
Guidance on tax rates, restrictions, and applicability.
Return Filing
Quarterly and annual return compliance support.
Transition Handling
Switch between regular GST and composition scheme.
Ongoing Compliance
Ensure continuous compliance under the scheme.
Composition Scheme Process
1. Eligibility evaluation
2. Filing intimation (CMP-02)
3. Confirmation under GST portal
4. Quarterly tax payment
5. Annual return filing
6. Ongoing compliance monitoring
Benefits of Composition Scheme
- Lower GST rates
- Simplified compliance
- Reduced return filing
- Better cash flow management
- Less record-keeping burden
- Ideal for small businesses
Why Choose Us?
Expert GST advisory
Accurate eligibility analysis
Hassle-free registration
Timely return filing
End-to-end support
Transparent process
Switch to Simpler GST Compliance
Opt for the Composition Scheme and reduce your tax burden.
Talk to an ExpertF.A.Q.
Small taxpayers dealing in goods with turnover up to ₹1.5 crore (₹75 lakh for special category states).
Primarily for goods, but limited service providers can opt under special provisions.
Generally 1% for traders and manufacturers (may vary based on category).
No, input tax credit is not allowed.
No, interstate supply is not allowed under this scheme.