GSTR-4: Return Filing, Format, Eligibility & Rules

GSTR-4: Return Filing, Format, Eligibility & Rules

1. What is GSTR-4?

GSTR-4 is a GST Return that has to be filed by a Composition Dealer. GSTR-4 is a quarterly return to be filed by Composition dealers.

 2. 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.

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

* subject to change in the GST Return Filing.

3.Who should file GSTR-4?

A taxpayer opting for the Composition Scheme is required to file GSTR-4.

4. 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. 

5.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.

[Form id=”1″]