GST Composition vs Regular Scheme

GST Compliance

GST Returns, Thresholds & E-Invoicing Slabs

GST rules are highly dynamic, governed by the CBIC under the GST Council notifications. Reconcile returns with e-invoicing data and ledger credits before submitting.

Compliance item	Current verified position	Key requirement
GST Annual Return (GSTR-9)	Mandatory for aggregate annual turnover > Rs. 2 Crore (voluntary for turnover <= Rs. 2 Crore).	Due date: Dec 31 of subsequent financial year.
GST Reconciliation (GSTR-9C)	Mandatory for aggregate annual turnover > Rs. 5 Crore. Self-certified reconciliation statement.	Due date: Dec 31 of subsequent financial year.
GST E-Invoicing Slabs	Mandatory for taxpayers with aggregate turnover exceeding Rs. 5 Crore in any preceding FY.	Required to generate IRN and QR code for B2B transactions.
GST Composition Scheme	Turnover limit of Rs. 1.5 Crore (goods) or Rs. 50 Lakh (services). Tax rate is 1% or 6%.	No ITC claim allowed, and no GST collection from customers.

Important GST checklists

What a serious tax expert should verify

Form GST RFD-11 (LUT): For zero-rated exports without tax payment, file RFD-11 before April 1 of each financial year.
E-Way Bill validity: Mandatory for inter-state movement of goods > Rs. 50,000. Validity is 1 day per 200 km.
ASMT-10 Notice replies: Scrutiny notice for ITC discrepancies (GSTR-3B vs 2B). Reply in Form ASMT-11 within 30 days.
Section 17(5) ITC Reversals: Blocked credits (food, motor vehicles, employee perquisites) must be reversed to avoid penalty.

Required documentation

Documents to prepare for GST filings

Sales registers showing taxable values and tax categories.
Purchase registers matching GSTR-2B ITC inputs.
Form GSTR-1 and GSTR-3B prior returns history.
Active GSTIN portal credentials or authorized access.

Official fact-check status

GST Composition vs Regular Scheme: year and source check

Last fact-checked: 18 June 2026.

Direct and indirect tax laws, corporate filings, and compliance rules are subject to change by CBIC, MCA, EPFO, and RBI notifications. Always verify circulars before executing a transaction.

Use official government portals (such as GST portal, MCA V3, e-filing portal, and TRACES) first. Articles and competitor calculators should be treated as guidance, not legal advice.

Questions people ask

FAQs

What is the turnover threshold for GST e-invoicing in India?

E-invoicing is mandatory for all taxpayers whose aggregate annual turnover exceeds Rs. 5 Crore in any preceding financial year (from 2017-18 onwards).

Who is required to file GSTR-9 and GSTR-9C?

GSTR-9 (Annual Return) is mandatory for taxpayers with annual aggregate turnover exceeding Rs. 2 Crore. GSTR-9C (Reconciliation Statement) is mandatory for taxpayers with turnover exceeding Rs. 5 Crore.

Can a composition dealer claim Input Tax Credit (ITC)?

No. Taxpayers registered under the GST Composition Scheme are not allowed to claim Input Tax Credit, nor can they issue a tax invoice or collect GST from their customers.