GST

GST Composition vs Regular scheme — which to opt for?

Composition: lower compliance, fixed quarterly rate, no ITC, B2C only. Regular: full ITC, B2B trade allowed, monthly returns.

The composition scheme is a small-taxpayer simplification — flat-rate tax on turnover, quarterly payment via CMP-08 and one annual GSTR-4. The trade-off is you cannot collect tax from customers, claim ITC or supply outside your state.

AttributeCompositionRegular
Turnover threshold≤ ₹1.5 crore (₹75L for special states)No upper cap
Tax rate (traders)1% of turnover5% / 12% / 18% / 28%
Tax rate (manufacturers)1% of turnoverAs per HSN
Tax rate (restaurants)5% of turnover5% / 18%
Tax rate (other services up to ₹50L)6% (3% CGST + 3% SGST)18%
Collect tax from customerNo (cannot mention GST)Yes
Input tax creditNot allowedAllowed
Inter-state outward supplyNot allowedAllowed
ReturnsCMP-08 quarterly + GSTR-4 annualGSTR-1 + GSTR-3B monthly/quarterly
E-commerce salesNot allowed (except restaurants)Allowed

Our recommendation

Composition fits local kirana shops, restaurants serving in-state, small manufacturers under ₹1.5 cr selling B2C, and freelancers under ₹50L. Regular is mandatory the moment you sell B2B (because clients want ITC), inter-state, or via marketplaces other than restaurant aggregators.

FAQs

Can I switch from composition to regular mid-year?

Yes, file CMP-04 within 7 days of opting out. The switch is effective from the date you cross the threshold or voluntarily opt out.

Is reverse-charge GST payable under composition?

Yes. RCM under Section 9(3) (e.g., GTA, advocate fees) is paid at the normal rate, not the composition rate, and no ITC is available on it.

Run your own numbers

Last updated: 25 Mar 2026

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