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composition dealer

13 January 2019

Whether composition dealer is required to file return this qtr or not

Whether the amendment is applicable this qtr also

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5 Replies

Vinod Babu (24191 Points)
Replied 13 January 2019

Yes, composition dealer should file returns for each quarter. GSTR4 has to filed within 18 jan 2019 for oct18-dec18 periods.

Ravi Sharma (84 Points)
Replied 13 January 2019

Amendment is applicable for what period

Vinod Babu (24191 Points)
Replied 13 January 2019

I didn't understand your query..

ANKUSH SONI (57 Points)
Replied 13 January 2019

The compliance under compositio.n scheme shall be simplified as now they would need to file one annual return but payment of taxes would remain quarterly (along with a simple declaration). Effective date of this decision is 1 April 2019.
so the amendment will be applicable from April 2019 onwards.

pritesh (CA Final student) (7101 Points)
Replied 14 January 2019

The composition dealer is required tp file onky annual return and pay tax quarterly..this is applicable only from fy19-20.
for fy 18-19 old provision is applicable.