Composition Scheme

In One Line

A simplified GST track for small businesses — flat, lower tax rates and quarterly filing, in exchange for giving up input tax credit and interstate selling.

Available to businesses with turnover under ₹1.5 crore selling only within their state. It trades the compliance overhead of Regular GST for a flat rate and quarterly returns, but the restrictions (no ITC, no interstate sales, not accepted by most marketplaces) rule it out for many growing businesses.