GSTR-4 Due Date

From FY 2024-25 onwards, the GSTR 4 annual return due date was extended from 30 April to 30 June of the following year. This decision to extend the due date for filing GSTR-4 was taken in the 53rd GST Council Meeting and later announced via CGST Notification 12/204 dated 10 July 2024.

GSTR-4 Late Fees

Following are the GSTR-4 late fees for two different categories of GST Returns:
NIL Return: Levied Rs. 50 per day up to a maximum of Rs. 500
Regular Return: Levied Rs. 50 per day capped at Rs. 2000

GSTR-4 Return Filing Format

In the following section, we will discuss the GSTR-4 return filing format and the details to be filled in each section.

Table 1 to 3: Basic Company Details

Year - Mention the year for which you are filing GSTR-4
GSTIN - Specify the GST registration number of your company
Legal name - Name of your company as per the GST registration (auto-populated)

Table 4: Aggregate turnover (in the preceding financial year) - The aggregate turnover of your company in the prior financial year will be auto-populated

ARN - This is the unique reference number of your return (auto-populated)
Date of ARN - Mention the date of ARN.

Table 5: Inward supplies, including supplies on which tax is to be paid on reverse charge

4A: Supplies from a registered supplier (other than reverse charge)
Provide details of all supplies received from a registered supplier (interstate and intrastate) for which the reverse mechanism is not applicable.

4B: Supplies from a registered supplier (attracting reverse charge)
Provide details of all supplies procured from a registered supplier (interstate and intrastate) on which the reverse charge mechanism applies.

4C: Unregistered supplier
Provide details of all the supplies received from an unregistered supplier, outside or within the same state.

4D: Import of services
Provide all the information of all import services rendered on which tax is payable due to the reverse charge mechanism.

Table 6: Summary of self-assessed liability as per Form GST CMP-08

Form CMP-08 is filed quarterly throughout the year for making tax payments. The information in this form gets auto-populated along with payment details of all the CMP-08 filed during the year, including outward supplies, inward supplies attracting reverse charge, tax paid and interest paid.

Table 7: Tax rate-wise details of outward supplies/inward supplies attracting reverse charge during the year

Provide details of all outward and inward supplies attracting reverse charge tax, including total taxable value. Other information such as IGST, CGST, SGST, and Cess amount will be auto-populated.

Table 8: TDS/TCS Credit received

If you receive any TDS/TCS credit from a supplier or e-commerce operator, it will be auto-populated. The taxpayer must mention other details, such as the deductor's GSTIN, gross invoice value, and the amount of TDS deducted.

Over To You

After reading this blog on GSTR-4, we hope all your questions about the businesses under the Composition scheme annual return are answered. If you still have any queries, feel free to contact us. If you want to simplify your GST filing process, we recommend signing up with BillBooks GST filing software. With this software, you can file GST returns with or without OTP.