GSTR-4 Annual Return by Composition Taxpayers on GST Portal: CBIC

GSTR-4 Annual Return by Composition Taxpayers on GST Portal: CBIC

The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the filing Form GSTR-4 Annual Return by Composition Taxpayers on GST Portal.

What is Form GSTR-4 Annual Return

With effect from 1st April 2019, all Composition Taxpayers are required to file Form GSTR-4 Annual Return, on an annual basis, for each financial year. 

Who is required to file Form GSTR-4 Annual Return:

All registered taxpayers who have opted for composition scheme or were under composition scheme under GST, for any period during a financial year, starting from 01.04.2019, need to file Form GSTR-4 Annual Return, annually.

Who can file NIL Form GSTR-4 Annual Return:

Nil Form GSTR-4 Annual Return can be filed for the financial year, if you have, for all applicable quarters of the year,

  • NOT made any outward supply 
  • NOT received any goods/services
  • Have NO other liability to report
  • Have filed all Form CMP-08 as Nil

Due date of Filing:

The due date for filing Form GSTR-4 Annual Return is 30th of the month succeeding the financial year or as extended by Government, from time to time. For FY 2019-20, it has to be filed by 31/10/2020.

Filing Form GSTR-4 Annual return:

Logon to your dashboard, click on Services > Returns > Annual Return >Select FY>Search>GSTR 4> FILE THE RETURN.

Some important Points:

  • Form GSTR 4 can be filed only if, all applicable quarterly statements in Form CMP 08 of that financial year, have been filed.
  • Form GSTR-4 Annual Return, once filed, can’t be revised
  • After successfully filing, ARN will be generated and intimated through email and SMS
  • Currently, only the online filing has been enabled on the portal. Shortly, an offline tool to file Form GSTR-4 Annual Return will also be made available.

How it is different from Form GSTR-4 Quarterly Return:

Please note that this Form GSTR-4 Annual Return is different from the Form GSTR-4 Quarterly Return, which was required to be filed on a quarterly basis. 

  • Form GSTR-4 Quarterly Return is applicable up to the tax period ending on 31st March 2019, for composition taxpayers. 
  • For tax periods till the quarter ending March 2019, Composition Taxpayers are required to file Form GSTR-4 Quarterly Return (which is also available on the GST portal), on a quarterly basis. Whereas from 01.04.2019, composition taxpayers are required to file Form GST CMP 08, on a quarterly basis.

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