Who should file GSTR-4 under GST?

author portrait

Sakshi Shah

Composition Scheme
GST
GST Return
GSTR-4

GSTR-4 is the GST Return with details of sales and purchases made by a composite dealer. The taxpayer should file it electronically on the GST Portal on a quarterly basis.

Every taxpayer registered under the Composition Scheme of the GST Act should file this return. While the dealers registered under the regular scheme should file returns every month, a composite dealer should file GSTR 4 every quarter. Tax liability on sales is to be paid every quarter instead of every month.

It is important to note that a business can opt for composition scheme if the aggregate turnover is up to Rs.1.5 Cr in case of goods and Rs.50 lacs in case of services and the business fulfils certain specified conditions.

What is Composition Scheme under GST?
Composition Scheme is a simple and easy scheme under GST for small taxpayers
Read More
What is Composition Scheme under GST?
Composition Scheme is a simple and easy scheme under GST for small taxpayers
Read More

The following persons cannot file GSTR-4:

  1. Persons registered under the regular scheme (GSTR-3B and GSTR-1)
  2. Non-Resident Taxpayers (GSTR-5)
  3. OIDAR Service Provider (GSTR-5A)
  4. TDS Deductor (GSTR-7)
  5. E-Commerce Operator (GSTR-8)
  6. Input Service Distributors (GSTR-6)
When should I file GSTR-4?
Every taxpayer registered under the Composition Scheme of the GST Act should file GSTR-4
Read More
When should I file GSTR-4?
Every taxpayer registered under the Composition Scheme of the GST Act should file GSTR-4
Read More

FAQs

Is it mandatory to file Form GSTR-4?

 Yes, it is mandatory to file Form GSTR-4, in case you have opted for composition scheme.

 Can I preview Form GSTR-4 before filing?

Yes, you can view/download the preview of Form GSTR-4 by clicking on ‘Preview GSTR-4’ before filing on the GST Portal.

Where do you show exempted sales in Gstr 4?

There is no proper column is GSTR-4 to show the Exempted Outward Supplies. According to CBEC, Traders can sell Exempted goods within state and they need not to show Exempted supply in his Turnover. TRADERS need to less the Exempted supplies value from Total Turnover and then show it in return

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Close Bitnami banner
    Bitnami