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Composition dealer

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RAVINDRA GANGADHAR DEVALE

TAX PRACTITIONER

187 Points Posted on 13 July 2020

dear sir, my client register under composition and his total purchase is 15 lakh for the fy 2019-20 but in Gstr 4A showing only 6 lakh rs purchase.then what will happen.

Replies (2)

Quick Summary

This discussion addresses a common concern for composition dealers regarding discrepancies between their actual purchases and the figures shown in GSTR 4A. The key takeaway is that GSTR 4A is a view-only document for composition dealers and does not impact their tax liability, as they cannot claim input tax credit. Therefore, any difference in purchase figures on GSTR 4A should not cause worry.

CA Sunil Kumar

Chartered Accountant

2301 Points Posted on 13 July 2020

DoNothing as Form GSTR 4A ia a view only document/ record of all the invoices received from various suppliers in a particular tax period.and the composition dealer cannot take any action in the form GSTR 4A.

annu Goyal

641 Points Posted on 13 July 2020

Form GSTR-4A is a view only document and the Composition dealer cannot take any action in Form GSTR-4A. It is a view only record of all the invoices received from the various suppliers in a particular tax period.
As composition dealer cannot avail the Tax Credit so do not worry about it.