Composition Taxpayers can now file NIL statement through SMS

GSTN deploys the functionality  

– About 20% of 17.11 lakh Composition taxpayers who file NIL statement to benefit the facility

– Facility of filing NIL GSTR-3B and NIL GSTR-1 through SMS has already been provided

– Taxpayers are advised to send SMS in the prescribed format to avail the benefits

Goods and Services Tax Network (GSTN), the IT backbone of GST system, has launched the facility of filing of NIL statement for Composition Taxpayers. With this, Composition taxpayers can now file NIL statement in Form GST CMP-08 through SMS and without logging in to the GST portal. CMP-08 is a quarterly statement of self-assessed tax to be submitted by Composition Taxpayers.

The facility of filing NIL statement on GST portal will remain available to the taxpayers. As per GSTN statistics, a total of 17.11 lakh are registered under the Composition Scheme out of which about 20% (3.5 lakh) taxpayers who do NIL filing would be benefitted with this facility.

How to file Nil Form GST CMP-08 through SMS: (Watch Video)

  • Send SMS NIL <space>C8<space>GSTIN<space>Return Period to 14409. For example for NIL Filing for Tax Period Apr-Jun 2020: NIL C8 07AXXXXXXXXXXZ6 062020
  • After sending the SMS, the taxpayer will receive a six-digit verification code through SMS. Send SMS again on the same number 14409 with Verification Code to confirm filing of Nil Form CMP-08. For Example: If Verification Code received here is 324961, it should be sent asCNF<space>C8<space> Verification Code. (CNF C8 324961).
  • After successful validation of Verification Code, GST Portal will send back Application Reference Number (ARN) to same mobile number and on registered e-mail ID of the taxpayer to intimate successful Nil filing of Form GST CMP-08.
  • Subsequent to the successful filing of Nil Form CMP-08, through SMS, the status of Form CMP-08 is changed to Filed on GST Portal. The taxpayer can visit the portal and check it.
  • It should be noted if the sequence of the message is incomplete or incorrect or not according to the format, filing will be unsuccessful. Hence, taxpayers are advised to file NIL CMP-08 or any other NIL return through SMS in the prescribed format only.

The facility to file NIL GSTR-3B (Monthly summary return filed by Normal taxpayers) and NIL GSTR-1, (Monthly or quarterly return filed by Normal taxpayers to disclose their outward supplies along with their tax liability) has already been provided to the taxpayers. With the extension of this facility to the Composition Taxpayers, now over 35 lakhs taxpayers can NIL returns offline through SMS.

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Filing NIL Form CMP-08 statement through SMS on GST Portal

1. A Composition taxpayer may now file NIL statement in Form GST CMP-08 for a quarter, through an SMS, apart from filing it through online mode, on GST Portal.

2. To file NIL Form GST CMP-08 through SMS, the taxpayer must fulfil following conditions:

  • Taxpayer must be registered as composition taxable person (by filing Form GST REG-01) or the taxpayer might have opted for composition levy (by filing Form GST CMP-02).
  • Taxpayer must have filed all the applicable statement(s) in Form GST CMP-08 for the previous quarter(s).
  • Authorized signatory and his/ her phone number must be registered on the GST Portal.
  • There must not be any data in save stage, in online version of Form GST CMP-08, on the GST Portal.

3. NIL Form CMP-08 for a tax period must be filed by the taxpayer, if there is no:

  • outward supplies;
  • liability due to reverse charge (including import of services); and
  • other tax liability for the quarter, for which the statement is being filed.

4. Steps to File Nil Form GST CMP-08 through SMS are as below:

  • Send SMS to 14409 number to file Nil Form CMP-08 ie NIL space Return Type space GSTIN space Return Period

(For example for NIL Filing for Tax Period Apr-Jun 2020: NIL C8 07AQDPP8277H8Z6 062020)

  • Send SMS again on the same number 14409 with Verification Code to confirm filing of Nil Form CMP-08

(For Example: If Verification Code received here is 324961: CNF space Return Type space Code – CNF C8 324961)

  • After successful validation of “Verification Code”, GST Portal will send back ARN to same mobile number and on registered e-mail ID of the taxpayer to intimate successful Nil filing of Form GST CMP-08.

5. All the authorized representatives for a particular GSTIN, with unique mobile number can file NIL Form GST CMP-08 through SMS.

6. The due date for filing of Form GST CMP-08 is 18th of the month following the quarter.

7. For more details on filing Nil Form GST CMP-08 on the GST Portal Click this

https://taxguru.in/goods-and-service-tax/filing-nil-form-gst-cmp-08-sms-faqs.html

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