GST Portal Opens Online Applications for Composition Scheme 2026-27

The GST portal has opened the online application process for taxpayers who want to opt for the Composition Scheme for the financial year 2026-27. Eligible GST-registered businesses can now apply online through the portal to shift from the regular scheme to the composition levy.

To apply for the scheme, taxpayers have to file Form CMP-02 on the GST portal.

Steps to apply on GST Portal

• Step 1: Log in to the GST Portal using your username and password
• Step 2: Go to Services
• Step 3: Click on Registration
• Step 4: Select Application to Opt for Composition Levy (Form CMP-02)

Deadline

• The last date to file Form CMP-02 for FY 2026-27 is March 31, 2026
• Taxpayers are advised to file early to avoid last-minute portal issues
• Early filing will also ensure the benefits of the scheme from April 1, 2026, without interruption

What is the GST Composition Scheme?

The GST Composition Scheme is a simplified scheme mainly meant for small taxpayers. Under this scheme, eligible businesses can pay GST at a fixed rate and file fewer returns which reduces compliance burden. Businesses under the scheme have certain restrictions such as limited ability to make inter-state sales and they cannot collect GST from customers like regular taxpayers.

This online facility is expected to make the process easier and smoother for eligible businesses opting for the Composition Scheme for FY 2026-27.

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