Team GSTN has issued the following  advisory for Composition Scheme dated 07^th April,2020 as under:-

1. Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for opting for composition scheme by normal taxpayers, for the financial year 2020-21. These are notified in Notifications 30/2020Central Tax, dated 03.04.2020. Circular No. 136/06/2020-GSTdated 3rd April, 2020 has also been issued.
2. Existing Normal taxpayers who want to opt for Composition Scheme in Financial Year 2020-21 may note following changes:
3. Revised date to file Form GST CMP 02:Normal and registered taxpayers who want to opt in for Composition in FY 2020-21 can apply in Form GST CMP-02 by 30th June 2020.
4. No GSTR 1 or 3B must be filed in 2020-21 financial year for associated PAN:The taxpayers SHOULD NOT file any GSTR-1/GSTR-3B, for any tax period of FY 2020-21, from any of the GSTIN on the associated PAN, or else they will not be able to opt for composition scheme for FY 2020-21.
5. No need for re-opting for the composition scheme:The taxpayers who are already in composition scheme, in previous financial year are not required to opt in for composition again for FY 2020-2021.
6. Revised date to file Form GST ITC 03:Form GST ITC-03 to reverse ITC for the stock in hand at the time of transition can be filed till 31st July, 2020.
7. Modification in earlier advisory date 18.02.2020:The advisory issued on 18.02.2020 and available on GST Portal (click here for the link https://www.gst.gov.in/newsandupdates/read/356) stands modified to above extent.