Gst composition scheme return not filed

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Sand j

25 Points Joined March 2016

Dear all, i am manufacturer of garments (just started in last year ). i registred in composition scheme in july 2017. my business was not running well and no business from last july to feb of this year 2018. no purchases from last july to til now as i had lot of stock in hand. sales is also only 1 lac from last july to till now . now what mistakes i have made plz find :

1. i am registred with composition scheme but i sold goods to another state.( appox 1 lac )

2. i have not filed any gst return.

plz guide what should i do now ?

Regards

Replies (6)

CA Shivam Arora

Chartered Accountant

2414 Points Joined November 2016

YOur registration is wrong, you should have opted for normal scheme since you are making inter-state transaction. Moreover you should have filed GSTR-4.

Now the solution is, file all return and convert from composition to normal.

Sand j

25 Points Joined March 2016

Thnx for reply sir. How much penalty I have to pay ?

Dileep Panchal

ASSISTANT CS

189 Points Joined November 2013

file all the return along with late fee...if no tax then late fee is 20 per day so u have to calculate late fee for all the 3 quarters you have missed