Composition scheme window open for six more months Bid to bring more small taxpayers into easier compliance plan The Goods and Services Tax (GST) Council has decided to keep open the composition scheme, an easier compliance and tax option, till March 31. The second window of the scheme closed on September 30. It allows small taxpayers to pay a fixed rate of turnover as tax and eases GST formalities.“The opportunity to opt for composition scheme will be available till March 31, 2018,” Revenue Secretary Hasmukh Adhia told Business Standard. The move will give entities more time to evaluate their business models to comply with the scheme requirements, enabling more assessees to avail of it.A notification moving the deadline to March is expected by early this week.The Council, chaired by Finance Minister Arun Jaitley, had on Friday raised the eligibility threshold of annual turnover to Rs 1 crore from Rs 75 lakh for the composition scheme. The scheme offers a flat rate of tax and