Exempted Goods value under GSTR-4

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If you're a composition dealer who sold exempted goods in FY 2018-19 and reported a nil turnover on GSTR-4 due to the lack of a specific field, you must still include the value of these exempted goods when reporting your previous year's turnover for FY 2019-20. The GST department requires the actual turnover of outward supplies, including exempted items, for annual returns. Ensure you have proper documentation to support the reported figures.

RAKESH

RAKESH (Querist)
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17 August 2020 Tax free goods sold by Composition Dealer and under GSTR-4 Turnover Nill Show for FY 2018-19. Now under FY 2019-20 GSTR-4 Previous year Turnover want by GST Department. What is my turnover for FY 2018-19 Nill or Exampled goods sold valur.

Lekhraj sood

Lekhraj sood (Expert)
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18 August 2020 You should give the information clearly mentioning " turnover of outward supply of exempted goods/services".I do not what are your exempted goods or services.

RAKESH

RAKESH (Querist)
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18 August 2020 Sir, Composition dealer Sold Good under GST Exempted in FY 2018-19 and filling GSTR-4 (Qtrly) as showing Nill Turnover under GST Return, due to GSTR-4 not providing option for exempted goods details.

Now FY 2019-20 we are filling Annual return i.e. GSTR-4.
GSTR-4 (FY 2019-20) required Previous year Turnover value.

My question is :

PY Turnover
either
Exempted goods sold value
OR
Nill Amount (as show in GSTR) ?

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
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21 July 2024 For the purpose of filling out the Previous Year (PY) Turnover in GSTR-4 for FY 2019-20, you should consider the turnover of exempted goods sold during the previous financial year (FY 2018-19). Here's how you should approach it:

1. **Exempted Goods Sold Value**: Since you sold exempted goods in FY 2018-19 as a composition dealer and reported nil turnover in GSTR-4 due to the absence of an option to report exempted goods, you should calculate and include the total value of exempted goods sold during FY 2018-19 in the PY Turnover for FY 2019-20.

2. **Reporting Exempted Goods**: Even though GSTR-4 did not have a specific field to report exempted goods, for the purpose of annual returns like GSTR-4 for FY 2019-20, you should include all sales, including exempted goods, in the turnover figure.

3. **Nil Amount**: The "Nil Amount" you mentioned refers to the fact that in GSTR-4 for FY 2018-19, you reported nil turnover. However, this does not mean you should enter zero for PY Turnover in GSTR-4 for FY 2019-20. Instead, you should calculate and report the total turnover including exempted goods sold during FY 2018-19.

4. **Documentation**: Ensure you have documentation and records to support the turnover figures you are reporting, including details of exempted goods sold during FY 2018-19. This will help in case of any future audits or inquiries.

In summary, for GSTR-4 of FY 2019-20, you should report the turnover of exempted goods sold during FY 2018-19 as part of the PY Turnover, even though GSTR-4 for FY 2018-19 may have shown nil turnover due to the reporting limitations for exempted goods. This approach aligns with the requirement to report all sales turnover, including exempt supplies, in annual returns.

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