Composition Scheme under GST

GSTR-4, Quarterly return filing under composition Scheme


Filing of returns under GST can be a hectic and tiresome work. However as GST return filings are mandatory, experts at Ebizfiling have worked on this article to help you understand everything about GSTR 4 for GST composition Scheme. This form is to be filed by the ones registered under Composition scheme.


WHo can opt for Composition scheme under GST?


According to the latest update, the businesses with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay only 1% tax. Also, service provider having turnover up to 50 lakhs can opt for composition scheme for services and pay only 6% of tax.


Under the composition scheme, the composition dealer cannot issue a tax invoice meaning, he/she cannot charge tax from customers. The dealer needs to issue a Bill of Supply. The main advantage of opting the composition scheme is that there are lesser compliances as only quarterly returns are required to be filed, example GST4. The due date for filing Form GSTR-4 is 18th of the month succeeding the quarter or as extended by Government from time to time. For the quarter of April to June 2019 the Due Date is 18th July 2019. Even in case of a nil return, GSTR4 is required to be filed. However, an annual return GSTR-9A is also required to be filed on or before 30th June 2019 for F.Y 2017-18.


Due dates for filing GSTR-4 returns for F.Y 2019-20

Period (Quarterly) Due Dates
1st Quarter April to June 2019 18th July 2019
2nd Quarter July to September 2019 18th October 2019
3rd Quarter October to December 2019 18th January 2020
4th Quarter January to March 2020 18th April 2020


Late fees for not filing the GSTR 4 within the due date

If a taxpayer does not file his/her return within the due dates mentioned above, he/she shall have to pay a late fee of Rs. 50/day i.e. Rs. 25 per day in each CGST and SGST (in case of any tax liability) and Rs. 20/day i.e. Rs. 10/- day in each CGST and SGST (in case of Nil tax liability) subject to a maximum of Rs. 5000/-, from the due date to the date when the returns are actually filed.


Modes of signing the Form GSTR-4 for GST Composition Scheme.

Digital Signature Certificate (DSC)


Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. A digital certificate can be presented electronically to prove one’s identity, to access information or services on the Internet or to sign certain documents digitally. In India, DSC is issued by authorized Certifying Authorities.


Electronic Verification Code (EVC)

The Electronic Verification Code (EVC) authenticates the identity of the user at the GST Portal by generating an OTP. The OTP is sent to the registered mobile number of Authorized Signatory filled in part A of the Registration Application.

Categories: Articles - GST GST
Ishita Ramani: Ishita Ramani is a young woman entrepreneur and currently the Operations Director at Ebizfiling India Private Limited. In her entire career so far, she has led a team of 50+ professionals like CA, CS, MBAs and retired bankers. Apart from her individual experience on almost every facet of Indian Statutory Compliances, she has been instrumental in setting up operations at Ebizfiling.com! Read about her journey at- https://www.greatcompanies.in/post/ishita-ramani-operation-director-at-ebizfiling-india-pvt-ltd
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