CBIC extends the last date for availing the benefit of alternate composition scheme till July 31, 2019

Jul 08, 2019 | by Avantis RegTech Legal Research Team


The Central Board of Indirect Taxes and Customs on July 04, 2019, has extended the last date for availing the benefit of alternate composition scheme from April 30, 2019 to July 31, 2019.

CBIC made an alternate composition scheme for those suppliers of services or mixed suppliers, who were not eligible for the primary composition scheme. Only those taxpayers are eligible for this alternate scheme whose annual turnover in the preceding financial year did not exceed Rs. 50 lakhs. Taxpayers opting to pay tax under this scheme will pay tax at the rate of 6% (3% CGST +3% SGST) of their turnover. Vide Circular No. 97/16/2019-GST dated April 05, 2019, the last date for registered persons for filing the intimation in FORM GST CMP-02 for availing the benefit of the alternate composition scheme was fixed at April 30, 2019.

However, on recommendation in the GST Council meeting, the last date for filing the intimation in FORM GST CMP-02 for availing the benefit of the alternate composition scheme has been extended to July 31, 2019.

Eligible taxpayers are encouraged to avail the benefit of the alternate composition scheme by applying on or before July 31, 2019.


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