GST
Goods and Services Tax Network Launches New Composition Category Under Section 10(2A)
Originally reported by Taxscan as: GSTN Advisory: New Composition Levy Category Introduced, Category Changes Allowed Through REG-14
3 Nov 2026, 3:16 pm IST · Xecute.finance News Desk
The crisp read
The Goods and Services Tax Network added a fresh composition levy category under Section 10(2A). Taxpayers can now modify their registered category by submitting Form GST REG-14 on the portal.
Xecute Impact Breakdown
For CAs
- Review client business structures to check eligibility for the newly introduced Section 10(2A) composition levy category.
- Ensure timely submission of Form GST REG-14 for clients wishing to switch categories and track portal advisories for further technical instructions.
For businesses
- Registered businesses can now update or alter their existing category status directly through Form GST REG-14.
- Eligible taxpayers can utilize composition schemes to pay tax at a lower, fixed rate of turnover without complex compliance requirements.
Deep dive - the full story
The Goods and Services Tax Network has formally introduced a new composition levy category specifically under Section 10(2A). Along with this addition, the portal has enabled registered businesses to update or alter their existing category status directly through Form GST REG-14. Composition schemes allow eligible taxpayers to pay tax at a lower, fixed rate of turnover without complex compliance requirements.
Previously, switching or updating categories involved operational hurdles, but the activation of Form GST REG-14 streamlines this process for qualifying enterprises. Tax professionals and consultants must review their clients' business structures to check eligibility for the new Section 10(2A) category.
Ensure timely submission of Form GST REG-14 for clients wishing to switch, and track portal advisories for further technical instructions to safeguard client compliance.
Source: taxscan.in
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