All Articles
GST Basics

GST Composition Scheme: Who Can Opt & What Are the Benefits?

The GST Composition Scheme offers simplified compliance and lower tax rates for small businesses. Learn eligibility, tax rates, restrictions, and how to opt in.

6 min read Updated 15 March 2026 Kallapotti Editorial Team
Composition SchemeGSTSmall BusinessSimplified Filing

The GST Composition Scheme is designed for small businesses to reduce compliance burden. Instead of filing monthly returns and paying GST on every invoice, composition taxpayers pay a flat quarterly tax as a percentage of their turnover.

Eligibility (Who Can Opt)

Business TypeTurnover Limit
Manufacturers & Traders (goods)≤ ₹1.5 Crore aggregate turnover in previous FY
Restaurants (food & beverages)≤ ₹1.5 Crore aggregate turnover
Service providers (SARC scheme)≤ ₹50 Lakh aggregate turnover

Tax Rates Under Composition Scheme

TypeGST Rate on Turnover
Manufacturers1% (0.5% CGST + 0.5% SGST)
Traders (goods only)1% (0.5% CGST + 0.5% SGST)
Restaurants5% (2.5% CGST + 2.5% SGST)
Service providers (SARC)6% (3% CGST + 3% SGST)

Key Restrictions

  • Cannot make inter-state outward supply of goods
  • Cannot supply exempt goods
  • Cannot issue a GST tax invoice — only a Bill of Supply
  • Customer cannot claim ITC on purchases from you
  • Cannot sell through e-commerce platforms (except restaurants on Zomato/Swiggy)
  • Cannot collect GST separately on invoices — tax is borne by you from your turnover

Filing Under Composition Scheme

ReturnFrequencyDue Date
CMP-08 (tax payment statement)Quarterly18th of month after quarter end
GSTR-4 (annual)Annually30th April of next financial year
Pro Tip

To opt for composition scheme, file Form CMP-02 on the GST portal at the beginning of the financial year (before 31st March). Once opted, it applies for the full year.

File GST returns with zero manual work

Kallapotti generates GSTR-1-ready data, auto-calculates HSN codes, and tracks ITC — all from your daily billing.

Start 14-Day Free Trial