dear sir... GSTR4 ANNUAL RETURN is mandatory file?
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Quick Summary
The GSTR4 Annual Return is a mandatory filing for all composition taxpayers for the financial year 19-20. The extended deadline for filing this return is 31st August 2020. Failure to file by the due date will incur a late fee of Rs. 100 per day for regular returns or Rs. 40 per day for nil returns, capped at a maximum of Rs. 10,000.
If your GSTR 4 is not filed by the due date, you are liable to pay a late fee of Rs. 100 per day post the GSTR 4 due date or Rs. 40 per day in case of a nil return, up to a total of Rs. 10,000 maximum.
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