Many taxpayers must have selected the wrong taxpayer type while applying for GST Registration. Due to this reason, you may not able to file the necessary returns.
Change taxpayer type in GST portal
1st Scenario : Change taxpayer type from Regular to Composition
if your existing registration is Regular type and if you want to opt for a composition scheme then you can do the same. To do this go to services > Registration> Application to Opt for Composition Levy. This will change your existing taxpayer type from regular to Composition type.
2nd Scenario: Change taxpayer type from Composition to Regular
if your existing registration is composition and if you want to change it to regular type then you can do the same. To do this go to services > Registration> Application for Withdrawal from Composition Levy
There is no modification available for these types of fields under core fields as of now. Therefore taxpayer needs to apply for cancellation of registration and apply for fresh registration for a new type of registration which is not mentioned above. It is suggest-ed before applying for cancellation, please see that you file all returns related to the type of registration you obtained. Failing which you may get notice later from the department.
kindly leave your comments for further clarification related to this post or post it in our online GST discussion forum.
The Composite scheme under GST is provided for small taxpayers in India. Thus, the composition scheme is hassle-free compliance, voluntary and optional scheme available to the taxpayers as per the choice. more
If you are planning to opt for a composition scheme, then you must apply for it on or before 31st March 2021 for FY 2021-2022. more
Here are the limitations to apply for the composition scheme. for eg., a person who occasionally undertakes supplies in a State or Union Territory where he has no fixed place of business can not apply for this scheme. more
In most states, the taxpayers like producers, service providers, and traders with annual turnover below Rs. 20 lakh “need not have to pay any GST and need not register”, under the GST system. more