Maximum tax savings every time!

ClearTax All-in-one Kit (GST+ITR+TDS Softwares)

Fastest Matching | Smart Reports | 100% Accurate Filing | 100% ITC

GSTR-4 is a return that must be filed by the taxpayers opting for Composition Scheme on an annual basis. Until the FY 2018-19, the return was filed every quarter which got replaced by CMP-08.

In this article, we discuss the following topics in detail:

  1. What is GSTR-4?
  2. When is GSTR-4 due?
  3. Who should file GSTR-4?
  4. How to revise GSTR-4?
  5. Late Fees and Penalty

Latest Updates

Update as on 6th August 2020

An Excel based offline tool is now available to file GSTR-4 (Annual Return) on the GST portal.

Update as on 21st July 2020

The facility to file GSTR-4 (Annual Return) is now available on GST portal.

Update as on 13th July 2020

The due date to file GSTR-4 (Annual Return) has been extended to 31st August 2020 from 15th July 2020.

As on 3rd April 2020

  1. The time limit to file GSTR-4 annual returns for the FY 2019-20 by the composition dealers has been extended till 15th July 2020.
  2. The time limit to opt into the composition scheme for the FY 2020-21 in form CMP-02 has been extended up to 30th June 2020. It applies for both taxpayers registered under section 10 of the CGST Act as well as the taxpayers opting for the scheme notified via CGST (Rate) notification no. 2/2019 dated 7th March 2019.
  3. The time limit to file form ITC-03 has accordingly been extended till 31st July 2020.
  4. The dealers can submit challan-cum-statement in form CMP-08 for the January-March 2020 quarter by 7th July 2020.

a. What is GSTR-4?

GSTR-4 is a GST Return that has to be filed by a composition dealer. Unlike a normal taxpayer who needs to furnish 3 monthly returns, a dealer opting for the composition scheme is required to furnish only 1 return which is GSTR 4 once in a year by 30th of April, following a financial year.

b. When is GSTR-4 due?

GSTR 4 has to be filed on an annual basis.

The due date for filing GSTR 4 is 30th of April following the relevant financial year. For example, the GSTR-4 for FY 2019-20 is due by 30th April 2020*. Until the FY 2018-19, the due date was 18th of the month after the end of the quarter.

*Note: The time limit to file GSTR-4 annual returns for the FY 2019-20 by the composition dealers has been extended till 15th July 2020 via CBIC notification dated 3rd April 2020.

c. Who should file GSTR-4?

A taxpayer opting for the Composition Scheme is required to file GSTR-4. It also covers the special composition scheme notified for the service providers vide the CGST (Rate) notification number 2/2019 dated 7th March 2020 with effect from FY 2019-20.

d. How to revise GSTR-4?

GSTR 4 cannot be revised after filing on the GSTN Portal.

e. Late Fees and Penalty

A late fee of Rs. 200 per day is levied if the GSTR-4 is not filed within the due date.

The maximum late fee that can be charged cannot exceed Rs. 5,000.

File GSTR-9 in 15 mins

  • Download GSTR-1, 2A, 3B and compare with books of accounts to check mismatches
  •  Auto filing on GST portal through ClearTax Chrome Assistant
File GSTR-9 Now