Period Due Date
April-June 2018 18th July 2018
July-Sept 2018 18th Oct 2018
Oct-Dec 2018 18th Jan 2019*
Jan-Mar 2019 18th Apr 2019*

1. Basics of GSTR-4
a. What is GSTR-4?
GSTR-4 is a GST Return that has to be filed by a Composition Dealer. Unlike a normal taxpayer who needs to furnish 3 monthly returns, a dealer opting for the composition scheme is required to furnish only 1 return which is GSTR-4.

b. When is GSTR-4 due?
GSTR 4 has to be filed on a quarterly basis.

The due date for filing GSTR 4 is 18th of the month after the end of the quarter.

 

c. Who should file GSTR-4?
A taxpayer opting for the Composition Scheme is required to file GSTR-4.

d. How to revise GSTR-4?
GSTR-4 cannot be revised after filing on the GSTN Portal. Any mistake in the return can be revised in the next month’s return only. It means that, if a mistake is made in the GSTR-4 filed for the July-September quarter, the rectification for the same can be made only when filing the next quarter’s GSTR-4.

e. Late Fees and Penalty
A penalty of Rs. 200 per day is levied if the GSTR-4 is not filed.

The maximum penalty that can be charged is Rs. 5,000.

Also, if the GSTR-4 is not filed for a given quarter, then the taxpayer cannot file the next quarter’s return either.

As per Latest Notification No. 73/2017 – Central Tax late fees for GSTR-4 has been reduced to Rs. 50 per day of default. Also, the late fees for NIL return in GSTR-4 have been reduced to Rs. 20 per day of delay.

 

The step by step procedure are:

New Format GSTR-4 Return-image1

New Format GSTR-4 Return- image2

3. Answer the questions that will enable the relevant section to appear on the next screen. Once all the questions are answered with YES/NO, click on NEXT button at below part of screen. The questions are:

a. Do you want to file Nil Return?

b. Have you made inward supplies (other than reverse charge supplies) during the Period (Table 4A):

c. Have you made inward supplies (reverse charge supplies) during the Period (Table 4B):

d. Have you received any supplies from an unregistered suppliers during the period (Table 4C):

e. Have you import any services (Table 4D):

f. Do you intend to amend inward supplies reported in Table 4A (other than reverse charge ) (Table 5):

g. Do you intend to amend inward supplies reported in Table 4B (reverse charge) (Table 5):

h. Do you intend to amend inward supplies reported in Table 4C (supplies received from an unregistered suppliers) (Table 5):

i. Do you intend to amend import of services reported in Table 4C (Table 5):

j. Have you received any debit/credit note (Table 5B):

k. Do you intend to amend debit/credit note reported in Table 5B (Table 5C):

l. Have you made any outward supply during the Quarter (Table 6):

m. Do you intend to amend outward supplies reported in Table 6 (Table 7):

n. Have you paid any advances amount for reverse charge inward supplies or made adjustment there in {Table 8A(1) / 8(A)(2) / 8(B)(1)/ 8(B)(2)}:

o. Do you intend to amend advances amount for reverse charge inward supplies {Table 8A(1) / 8(A)(2) / 8(B)(1)/ 8(B)(2):

p. Do you intended to claim refund from cash ledger (Table 12):

q. Previous period(s) / return (s) liability, if any: Previous period(s) / return (s) liability would be system determined:

 

4. The following screen appears and the taxpayer need to enter the details in the Tiles “

New Format GSTR-4 Return- image 3.

New Format GSTR-4 Return- image 4

New Format GSTR-4 Return- image 4

New Format GSTR-4 Return- image 5

New Format GSTR-4 Return- image 6

General queries on GSTR-4
Q. Can I revise a filed GSTR-4?
A. There is no provision for revising GSTR-4. Make sure that you thoroughly review your GSTR-4 before filing.

Q. Where should I declare all the B2B transactions?
A. B2B transactions of a Composition Dealer are not required to be declared in GSTR-4 for July-Sept and Oct-December return.

Q. Why should I declare reverse charge transactions in my GSTR-4?
A. RCM on purchase from unregistered dealers has been put on hold from 13th Oct 2017. Hence RCM on purchase from unregistered dealers is still applicable up to 13th October 2017.

 

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