Welcome to GJR Tax Consultancy, Vijayawada. Opting-in for GST Composition Scheme for the F.Y.2021-22: How to avail for Composition Scheme under GST? Every eligible registered GST Payers, Those want to opt-in for GST composition scheme for the Financial Year 2021-22, should to submit Form No. GST CMP-02 application on (or) before 31st Mar 2021 post login on GST portal. The GST Payers may follow below path: Log-in Page-->Services Menu--> Registration Menu--> Application to opt for Composition Levy Menu-->Filing form GST CMP-02 Menu-->File application under DSC/EVC. Once Form No. GST CMP-02 appln is submitted, then composition scheme will be available to the GST Payer, with effect from 01st April 2021. The GST Payers already opted in for composition scheme earlier, They don't need to opt in again for Financial Year 2021-2022. GST Payers who were regular taxpayers in previous Financial Year, but are opting-in for composition scheme for Financial Year 2021-22, must submit Form GST ITC-03 for reversal of Input Tax Credit on stocks of inputs, semi-produced goods and finished/final goods available with them, within a period of 60 days from the effective date of opting in.