Annual return for composition

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GURLEEN KAUR (Querist)
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03 October 2022 Hello Experts,

I am trying to file annual return for a Composition GSTIN for year 2020-2021, but the total of its quarterly turnover does not match with the annual turnover displayed on the dashboard. Kindly suggest what should i do?

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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06 July 2024 If you are facing discrepancies between the total turnover calculated from quarterly returns and the annual turnover displayed on the GST portal dashboard for your Composition GSTIN (for the year 2020-2021), here are steps you can take to resolve this issue:

1. **Verify Quarterly Returns**:
- Double-check the turnover figures reported in each of the quarterly returns (GSTR-4) filed for the year 2020-2021. Ensure that all sales and turnover details are accurately reported in each quarter.

2. **Check Dashboard Display**:
- Review the annual turnover figure displayed on the GST portal dashboard. This figure is typically derived from the aggregate turnover reported in all quarterly returns for the financial year.

3. **Identify Discrepancies**:
- Compare the total turnover calculated from the quarterly returns with the annual turnover displayed on the dashboard. Note down any significant discrepancies or differences.

4. **Rectify Errors**:
- If you find any errors or discrepancies in the turnover figures reported in your quarterly returns, you may need to rectify these by filing amendments (if allowed) or revising the figures in subsequent returns.

5. **Contact GST Helpdesk**:
- If the discrepancies are significant or you are unable to reconcile the figures, consider reaching out to the GST helpdesk for assistance. Provide them with details of the quarterly returns filed and the issue you are facing with the annual turnover display.

6. **File Annual Return**:
- Once you have verified and corrected any discrepancies, proceed to file the annual return (GSTR-4) for the composition scheme for the year 2020-2021. Use the corrected turnover figures for accurate reporting.

7. **Documentation**:
- Maintain proper documentation of all calculations, amendments, and communications related to the turnover discrepancies and filing of returns. This will be helpful for future reference and audits.

By following these steps, you should be able to address the issue of discrepancies between quarterly turnover and annual turnover while filing the annual return for your Composition GSTIN effectively. If the issue persists or requires detailed clarification, consulting with a GST practitioner or tax advisor could provide further assistance.

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