Special Festive Offer: 10% OFF Across All CCI Pro Membership Plans. Subscribe Now!

GSTR 4 (annual)

377 views

Save Share

Join Us Follow Us Add as Source

Dalip Soni

121 Points Posted on 22 July 2020

Under the new format, when the GST shall be payable, either quarterly or annually alongwith the return?

Replies (7)

Quick Summary

This discussion clarifies the filing requirements for composition taxpayers under GST. While quarterly tax payments are made via CMP-08 by the 18th of the month following the quarter, the annual return, GSTR 4, is due by 30th April of the following financial year. The due date for FY 2019-20 was extended to 31st August 2020, and an offline utility is now available to assist with preparing the annual return.

annu Goyal

641 Points Posted on 22 July 2020

CMP-08 filing must be done by all composition taxpayers (including service providers opting for composition scheme under Central Tax (Rate) Notification number 2/2019 dated 7 March 2019).
The composition dealers have to pay tax in CMP-08 challan-cum-statement every quarter by the 18th of the month following the quarter.

Sagar Patel

Tax and Business Consultant

5533 Points Posted on 22 July 2020

The composition dealers have to pay tax in CMP-08 challan-cum-statement every quarter by the 18th of the month following the quarter and requires to file return annually in GSTR 4 by 30th April of following financial year.

Dalip Soni

121 Points Posted on 22 July 2020

Thanks sir

nazeer ahmed

22 Points Posted on 22 July 2020

But the last date to file GSTR 4 annual return for the financial year 2019-20 is extended up to 31/08/2020

Sagar Patel

Tax and Business Consultant

5533 Points Posted on 23 July 2020

Yes, The due date of the form was lately extended to the 31st August 2020 from the 31st of July 2020 as the form was not available on the GST Portal.
Now, Form GSTR-4 for FY 2019-2020 has also been made available on the GST Portal.

deep1976

propreitor

231 Points Posted on 23 July 2020

is offline tool available or is it necessary to enter each and every purchase details..any solution to it

Sagar Patel

Tax and Business Consultant

5533 Points Posted on 06 August 2020

Update : 06th August, 2020

Offline utility to prepare Form GSTR-4, Annual Return by the composition taxpayers is now available in download section of portal. This excel based utility is designed to help taxpayers to prepare Form GSTR-4 annual return offline.