Composition annual return not filed

If you're a composition dealer and haven't filed your annual return (GSTR-4) for the past four years, you'll need to do so. Filing GSTR-4 has been mandatory since the 2019-20 financial year. Unfortunately, it's no longer possible to file without incurring a penalty. You'll need to pay the late fee for the previous two years, and the late fee for the current year will be calculated from August 1st. It's best to pay the outstanding late fees and file your returns promptly to prevent further penalties.