What is GSTR-4 Filing?

GSTR-4 is the annual return that a composition taxpayer files under GST. A composition taxpayer is a small business that has chosen the Composition Scheme, in which the business pays a small fixed percentage of its turnover as tax, instead of paying GST in the normal way.

In GSTR-4, the taxpayer reports the yearly turnover, the tax paid during the year through the quarterly statements (Form CMP-08), and a summary of the purchases made. It is a simple return compared to the returns of regular taxpayers.

CA Arpit Gupta prepares and files GSTR-4 and CMP-08 for small traders, manufacturers, restaurants and service providers who are in the Composition Scheme, and also helps businesses to decide if this scheme suits them.

Who Must File GSTR-4?

What is the Late Fee and Interest for GSTR-4?

The late fee is paid in cash. Late filing of GSTR-4 can also lead to notices and can block the registration process in some cases.

What Documents and Data Are Needed for GSTR-4?

• Sales records or bill of supply book
• Purchase bills and invoices
• Details of purchases under reverse charge
• Copies of CMP-08 filed for the four quarters
• Challans of tax, interest and late fee
• Bank statements
• Closing stock, in case of exit from the scheme
• Previous GSTR-4 or return details
• GST portal login details, with authority to file

If you do not keep proper books, we help you to prepare a simple record from your bank, bills and memory of sales.

How Does Our GSTR-4 Filing Service Work?

1. Call or WhatsApp us on +91-7081220600
2. Share your GSTIN and the details of the financial year
3. We review your account
4. You send your sales and purchase data for the year
5. We prepare the summary of inward and outward supplies
6. We calculate the tax payable for the year and compare it with the tax already paid
7. We calculate any interest and late fee
8. You pay the balance
9. We file GSTR-4 on the portal with the EVC (OTP) or the DSC
10. We share the acknowledgement

What Mistakes Should You Avoid in Composition and GSTR-4?

• Not filing CMP-08 every quarter
• Mixing up CMP-08 and GSTR-4
• Charging GST separately on bills, which is not allowed
• Not showing "Composition Taxable Person" on the board and bill
• Making inter-state sales of goods while in the scheme
• Crossing the turnover limit without leaving the scheme in time
• Claiming input tax credit, which is not allowed
• Not paying tax under reverse charge in cash
• Missing the GSTR-4 date of 30 April
• Not filing a nil GSTR-4 or nil CMP-08
• Opting for composition without understanding the effect on customers

Why Choose CA Arpit Gupta for GSTR-4 Filing?

• Chartered Accountant handling your case
• Right scheme advice
• CMP-08 and GSTR-4 together
• On-time filing and reminders
• Help with pending returns
• Support for exit and opt-in
• Notice handling
• We explain the scheme in an easy way
• Easy contact

Get Your GSTR-4 Filed Right

Late fees and interest add up fast on a small business. Share your details with CA Arpit Gupta, and we will file your CMP-08 and GSTR-4 correctly and on time.

Call or WhatsApp CA Arpit Gupta at: +91-7081220600.