3/11/24, 9:52 AM TaxHelpdesk | GSTR 4 | CMP 08 | Tax Filing in India

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the CMP
08 is to be filed monthly, the GSTR 4 is now to be filed only once i.e., annually.

The due for filing of CMP 08 and GSTR 4 are 18th date of the succeeding month and 30th of the
month succeeding the financial year or as extended by Government from time to time. Click on
proceed button to get the process of GST filing started with TaxHelpdesk!

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Genesis Of CMP 08

What Is CMP 08 & GSTR 4?

Who Can Opt For Composition Scheme?

Who Has To File GSTR 4?

Who Cannot File GSTR-4?

How To Opt For Composition Scheme & Get Your GST Returns Filed By TaxHelpdesk

List Of Contents Of CMP-08

Due Dates For Filing Of CMP-08

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3/11/24, 9:52 AM TaxHelpdesk | GSTR 4 | CMP 08 | Tax Filing in India

Due DateIncome Tax Calculator

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Documents Required For GSTR-4 Filing

Consequence Of Non-Filing Of CMP-08

List Of Contents For GSTR-4

Amount Of Late Fees On Late Filing Of GSTR-4

Procedure For Filing Of CMP-08 And GSTR-4

Documents Needed For CMP-08 And GSTR-4 Filing

FAQs

Genesis of CMP 08

The introduction of CMP-08 was during the Financial Year 2019-2020 thereby, replacing the erstwhile
quarterly GSTR 4 return for composition dealers. In addition, businesses were required to file tax
returns during each quarter through GSTR-4, which had seven pages, the CMP-08 consists only of a
single-page statement.

What is CMP 08 & GSTR 4?

Form GST CMP 08 form is a form for declaring the details or summary of self-assessment tax.
Further, it is payable for a given quarter by taxpayers who are composition taxable persons or
taxpayers who opt for composition levy.

Form GSTR-4 (Annual Return) is a yearly return to be filed once, for each financial year by the
taxpayers who opt for the composition scheme during the financial year. Additionally, this is for the
Composition scheme for any period during the financial year, from 1st April, 2019 onwards.

Note:
To file a GSTR 4 annual return, the taxpayer needs to file all Form CMP-08 quarterly statements
for the applicable period during the relevant financial year.

Who can opt for Composition Scheme?

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If the taxpayers fall in either of the following categories, they can opt for Composition Scheme and
has to file CMP-08:
– The supplier of services, having the aggregate annual turnover up to Rs 50 lakh in the previous
financial year and fulfills the conditions under the Notification Number 2/2019 Central Tax (Rate) on
date 7 March 2019, or

– In addition, the supplier of goods being manufacturers, retailers having an annual aggregate
turnover of up to Rs.1.5 crore (Rs.75 lakhs for special category States except for Jammu & Kashmir
and Uttarakhand) in the previous financial year, except the following:

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Who has to file GSTR 4?

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3/11/24, 9:52 AM TaxHelpdesk | GSTR 4 | CMP 08 | Tax Filing in India

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All taxpayers who opt for the composition scheme under GST during the financial year have to file
Form GSTR-4 (Annual Return). Consequently, this includes a taxpayer
Firstly, who has opted for the composition scheme since registration and has never opted
out subsequently; and
Secondly, who has opted in for the composition scheme before starting of the financial year;
and
Lastly, who has opted in for composition but subsequently opted out any time during the
year.

Who cannot file GSTR-4?

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How to opt for Composition Scheme & get your GST Returns filed by
TaxHelpdesk
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3/11/24, 9:52 AM TaxHelpdesk | GSTR 4 | CMP 08 | Tax Filing in India

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On placement of your order, TaxHelpdesk’s professional team for reviewing documents will check
your documents within 24 working hours. Thereafter, there shall be an assignment of Tax Expert, and
processing of your order will take place. Further, you also can check the status of the order in your
account.

List of Contents of CMP-08

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Due dates for filing of CMP-08

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3/11/24, 9:52 AM TaxHelpdesk | GSTR 4 | CMP 08 | Tax Filing in India

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Submission of the Form GST CMP-08 is on a quarterly basis. Accordingly, the due date for filing Form
GST CMP-08 is 18th of the month succeeding the quarter or as extended by the Government through
notification.

Quarter Due Date

April to June 18th June

July to September 18th October

October to December 18th January

January to March 18th April

Due date for GSTR-4 Filing

Filing of Form GSTR-4 (Annual Return) is on yearly basis. Thereby, the due date for filing Form GSTR-4
(Annual Return) is the 30th of the month succeeding the financial year. This, however, is subject to
extension by the Government from time to time.

Documents required for GSTR-4 filing

– Summary details of outward supplies and inward supplies liable to reverse charge and tax liability
– Details of inter-State supplies made to unregistered persons/composition taxable persons and UIN
holders
– Also, details of ITC available, ITC reversal, Net ITC available, Ineligible ITC, etc.
– Summary details of exempt, nil, and non-GST inward supplies
– Details of interest and late fee
– Similarly, details of payment of tax and interest and late fee (if any)
– Additionally, the information about TDS/TCS credit

Consequence of Non-Filing of CMP-08

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If the taxpayer opting for composition scheme, fails to furnish requisite return in Form GST CMP-08
within the specific due date, then, he would be liable to pay penalty / late fee of INR 200 per day [INR
100 per day CGST + INR 100 per day SGST] from the due date of filing of return till actual date of
filing of the return. Furthermore, late fee charges are subject to a maximum of Rs.5,000 from the
start of the due date to the actual filing date of the taxpayer.

If CMP-08 of two consecutive quarters are not filed, then the e-way bill generation gets blocked.
Thereby, for unblocking, taxpayers need to apply to the jurisdictional tax official in Form GST EWB 05.
Additionally, they may also have to file all pending forms for previous quarters.

List of Contents for GSTR-4

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Amount of late fees on late filing of GSTR-4

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A late fee of Rs. 200 per day (Rs. 100 CGST + Rs. 100 SGST) is levied, if the GSTR-4 is not filed within
the due date. In addition to this, the maximum late fee cannot exceed Rs. 10,000. Further, the
maximum late fees shall be Rs. 500 (Rs. 250 CGST + Rs. 250 SGST) in case of NIL returns and Rs.
2000 (Rs. 1000 CGST + Rs. 1000 SGST) in other cases.

Procedure for filing of CMP-08 and GSTR-4

Documents needed for CMP-08 and GSTR-4 filing

– Firstly, details of outward supplies including exempt supplies;

– Secondly, information of inward supplies attracting reverse charge including import if services;
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3/11/24, 9:52 AM TaxHelpdesk | GSTR 4 | CMP 08 | Tax Filing in India

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– Lastly, details ofTax
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FAQs

Is it mandatory to file Form GST CMP-08? 

Can CMP-08 liabilities be discharged through Input Tax Credit? 

I got my registration cancelled during the financial year. Am I required to file Form GSTR-4 (Annual 
Return)?

Can I file nil Form GSTR-4 (Annual Return)? 

What are the modes of signing CMP-08 or GSTR-4? 

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