LIVE GST Audit Course by CA Sachin Jain. Register Now!!

Composition Dealer Filing from July

26 May 2018

Haven't filed gst returns from July.

I am confused as to what data to fill in.

Kindly guide.

Also what might be the penalty /late fees??

Thanks!

Reply
Follow
Share

8 Replies

CA Nikita Motwani (Chartered Accountant) (912 Points)
Replied 26 May 2018

if you don't have any idea then it is better to consult an expert as the late fees is continuously increasing

1 Like

g mahesh Mundra (Business and tax consultant) (3293 Points)
Replied 26 May 2018

it's better to cancel your registration

Vinod Babu (24191 Points)
Replied 26 May 2018

For composition gst returns, you have to file GSTR 4.
Just download the offline utility from gst site.
Fill outwards supplies and upload to the gst portal. Make payments through challans and file your returns.

Mohammed Goryawala (727 Points)
Replied 07 June 2018

Yes but does it autopopulate late fees??

Vinod Babu (24191 Points)
Replied 07 June 2018

Yes, late fee and interest is auto populated while submitting returns.

Mohammed Goryawala (727 Points)
Replied 07 June 2018

Oh, and what about Purchases?? And how to calculate Tax Payable?

Vinod Babu (24191 Points)
Replied 07 June 2018

GST is to be paid on total sales turnover including exempted sales(till 31dec 17) at 1% for normal case, 5% for restaurant.
From 1st jan18, you can pay gst only on taxable sales.