New Returns for Composition Tax payers under GST w.e.f. 01-04-2019

GST Returns for Composition Tax Payers has been changed from 1^st April 2019

As Notification No. 02/2019– Central Tax (Rate), dated the 7th March, 2019

Extract of Notification

Furnish a statement, every quarter or, as the case may be, part thereof, containing the details of payment of self-assessed tax in FORM GST CMP-08, till the 18th day of the month succeeding such quarter.

AND

“furnish a return for every financial year or, as the case may be, part thereof in FORM GSTR-4, till the thirtieth day of April following the end of such financial year”

Changes w.e.f. 1^st April 2019

Statement for payment of Taxes on Quarterly Basis in GST CMP-08 by 18^th of the month succeeding quarter & Annually one GSTR-4 to be file by 30^th April following the end of such financial year.

Kindly note that GSTR-4 has been discontinue from 01.04.2019 & Now GSTR-4 filling will be on annual basis & CMP-08 to be use for payment of taxes.