GSTR-4 is a return that’s filed by a composition dealer. Unlike a normal taxpayer who needs to furnish three monthly returns, a dealer opting for the composition scheme is required to furnish only one return, which is GSTR-4 once in a year by the 30th of April of the following financial year.
GSTR-4 Format and Contents
The revised annual Form GSTR-4 is divided into nine sections:
Table 1-3: Basic Details
|GSTIN||The taxpayers GSTIN gets auto-populated at the time of filing return.|
|Name of the taxpayer||The legal name and trade name will get auto-populated at the time of filing return.|
|Aggregate turnover details||The aggregate turnover in the preceding financial year will get auto-populated. Also, the ARN and date of ARN will get auto-populated after filing.|
Table 4: Inward supplies including supplies on which tax is to be paid on reverse charge
|4A: Supplies from a registered supplier (other than reverse charge)||A taxpayer is required to provide details of all supplies received from a registered supplier (includes both interstate and intrastate supplies) on which reverse charge mechanism is not applicable.|
|4B: Supplies from a registered supplier (attracting reverse charge)||A taxpayer is required to provide details of all supplies received from a registered supplier (includes both interstate and intrastate supplies) on which reverse charge mechanism is applicable.|
|4C: Unregistered supplier||A taxpayer is required to provide details of all supplies received from an unregistered supplier including both interstate and intrastate supplies.|
|4D: Import of services||A taxpayer is required to provide details of all import services on which tax is payable due to applicability of reverse charge mechanism.|
Table 5: Summary of self-assessed liability as per Form GST CMP-08
The details in this table will get auto-populated from Form GST CMP-08. Form GST CMP-08 is for making payment in every quarter of the year. This table will consolidate the payment details of all the CMP-08 filed during the year, i.e. payment made on outward supplies, inward supplies attracting reverse charge, tax paid and interest paid.
Table 6: Tax rate wise details of outward supplies/inward supplies attracting reverse charge during the year
A taxpayer is required to provide details of all outward supplies and inward supplies attracting reverse charge tax rate wise along with the total taxable value. The IGST, CGST, SGST and Cess amount will get auto-populated.
Table 7: TDS/TCS Credit received
Any TDS/TCS credit received from a supplier or e-commerce operator will be auto-populated in the table below. GSTIN of the deductor, gross invoice value and the amount of TDS deducted shall be mentioned here by the taxpayer.
Table 8: Tax, interest, late fee payable and paid
|Tax amount payable||This will get auto-populated from Table 6 above.|
|Tax amount already paid||This will get auto-populated as per Form GST CMP-08|
|Balance tax payable||This is a difference of 1 and 2 above.|
|Interest payable and paid||Interest payable on late filing of return and the interest actually paid should be mentioned here.|
|Late fee payable and paid||Late fee payable on late payment of GST and the amount actually paid should be mentioned here.|
Amounts paid under various tax heads should be separately mentioned like IGST, CGST, SGST and Cess.
Table 9: Refund Claimed From Electronic cash ledger
In case, excess taxes are paid, a refund can be claimed through this table. The refund amount should be divided into tax, interest, penalty, fee and others.
A taxpayer is required to authenticate that the details provided in the above tables are true and correct by signing the form.