Advantages of GST Composition schemeNeed to file a single quarterly return. Four returns in a yearLimited compliancesLess tax liabilityPay small amount of tax on turnover (1% for traders & 5% for restaurant)Not require maintaining detailed recordsCan provide auxiliary services up to ₹ 5 lakhs annually under the composition scheme.Disadvantages of GST Composition schemeCannot avail input tax credit of purchases madeCannot issue tax invoiceCannot charge composition tax on invoice from customer as usual practice in case ofnormalGST scheme