Eligibility and periodicity

A person who is registered under composition scheme (scheme for small businessman) is required to file a return on yearly basis in form GSTR-4.

It should be filed electronically through a common portal either directly or through a facilitation center notified by commissioner.

Details related to turnover in a state or union territory, inward supplies of goods/services, tax payable, tax paid are required to be mentioned.

Due date of filing

GSTR-4 for a financial year should be filed by 30th April of next financial year.

Example- For financial year 23-24 the due date will be 30th April 2024.

Details required to be furnished

GSTR-4 shall include-

1. Invoice wise interstate and intra state inward supplies received from registered and unregistered persons
2. Consolidated details of outward supplies

When a composition supplier receives supply from a registered person who is filing GSTR-1 then data will auto populate in form GSTR-4A for viewing.

Contents of GSTR-4

Basic details-

1. GSTIN
2. Legal name and trade name
3. TDS/TCS credit received
4. Tax, interest, late fee payable and paid
5. Refund claimed from electronic cash ledger

Details regarding inward and outward supplies-

• Invoice wise details of all inward supplies (i.e. intra and interstate supplies and from registered and unregistered persons) including reverse charge supplies and import of services
• Summary of self-assessed liability as per GST CMP –08 (net of advances, credit and debit notes)
• Tax rate wise details of outward supplies /inward supplies attracting reverse charge (net of advances, credit and debit notes and any other adjustments)
• Consolidated details of outward supplies

GSTR-4 for period prior to exit from composition scheme

A registered person opting to withdraw from composition scheme (at his own will or direction from proper officer) will require to furnish GSTR-4 relating to period prior to his exit from composition scheme till 30th April of next financial year from the end of that year during which such withdrawal falls.

Note

If a person who is paying tax under composition scheme has not furnished his GSTR-4 for a financial year beyond 3 months from the due date of furnishing the said return, then proper officer is empowered to cancel the registration of that person.

Late fees

Important sections