Menu
Is annual return mandatory for composite taxpayers for the financial year 2017-2018 to 2020-2021?
is it compulsory to file annual return for the F. Y. 2017 -2018 to 2020-2021 and how much late fees to be liability?
Replies (1)
Filing Form GSTR-4 is mandatory for all composition taxpayers for the years 2017-18 through 2020-21. Late fees are generally ₹50 per day, capped at ₹2,000, or ₹500 for Nil returns, though specific government amnesty notifications may offer relief on these amounts for past periods. Always check the official GST portal for the most current status of your filing liabilities.
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
