Go AD-FREE with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

GSTR4 , for Composition Scheme

Rules 217 views 3 replies

PHANI CHANNAPATNA

18 Points Joined April 2022

Dear Sir,

I am MSME manufacturing firm with GST under COMPOSITION SCHEME with annual turnover less than 20 Lakhs per year located in Bengaluru.

Lot of confusion here on GSTR4 Filing once a year, some say for turnover less than one crore/ year filing is not required othr say GSTR4 filing is required.

However my filing for the year 2020-21 and 2021-22 is not filed my consultant.

The main question for the FORUM members is should I file GSTR4 once a year or not.

Regards

Phani

Bengaluru

Replies (3)

prasad Nilugal

GST Practitioner & Accounts

15022 Points Joined March 2014

If you are composition Delar , then filing of GSTR4 ( Annual return ) is mandatory , every year .

Composition dealer
gstr 4 let's explain
1. person granted registration on provisional basis to file intimation.
2. annual form of filing of return in pescribed form gstr 4 on or before 30th april

3. pay gst on purchases
4. 75 lacs notification no. 14/.2019 central tax dated 7.3.2019 fir states
1. arunachal 2. Manipur 3. meghalaya
remaining 23 states and 5 union terrotories.