What is GSTR4 ? How to file GSTR4?
GSTR4 is return for those dealers who are registered under GST Compostion scheme.Taxpayer who opted Composition scheme under GST are compulsory to file GSTR4 quarterly i.e 4 return will go yearly.GSTR4 is only return for composition dealers unlike in other there is 3 return.
FAQ rearding GSTR4:
1.What Is GSTR-4?
As per 23 gst council meering,late filling or non filing of GSTR-4 will liable for late fees.The Late fees for NIL tax liability return is 20 RS per day i.e (10 CGST+10 SGST) and otherwise it is 50 RS per day i.e (25 CGST+25 SGST).