FILING OF GSTR – 4 ANNUAL RETURN

Annual Return

Rule 80 provides that a person paying tax under section 10 shall furnish the annual return in FORM GSTR-9A.  During the year 2024 – 25 this form was replaced by Form GSTR – 4.

Rule 62 provides for filing of an annual return in GSTR – 4 in respect of the persons who opt to pay tax under Composition Scheme.  Before filing the Annual Report, the tax payer shall file quarterly returns for the entire financial year in  FORM GST CMP-08, till the 18th day of the month succeeding such quarter.  

The return GSTR – 4 shall include the -

(a) invoice wise inter-State and intra-State inward supplies received from registered and un-registered persons; and

(b) consolidated details of outward supplies made.

A registered person who has opted to pay tax under section 10  from the beginning of a financial year shall, where required, furnish the details of outward and inward supplies and return under rules 59, 60 and 61 relating to the period during which the person was liable to furnish such details and returns till the due date of furnishing the return for the month of September of the succeeding financial year or furnishing of annual return of the preceding financial year, whichever is earlier.

Due date

The taxpayer under composition scheme shall file annual return in GSTR – 4 for every financial year or, as the case may be, part thereof till the 19^th day of April following the end of such financial year, electronically through the common portal, either directly or through a Facilitation Centre notified by the Commissioner.

The return in FORM GSTR-4 for a financial year from FY 2024-25 onwards shall be required to be furnished by the registered person till the 30^th day of June following the end of such financial year.

Payment

Every registered person furnishing the Annual Return in Form GSTR 4 shall discharge his liability towards tax or interest payable under the Act  by debiting the electronic cash ledger.

ITC

The person opting for composition scheme, shall not be eligible to avail  input tax credit on receipt of invoices or debit notes from the supplier for the period prior to his opting for the composition scheme.

Withdrawal from the composition scheme

Section 62 (5) of the Act provides that a registered person opting to withdraw from the composition scheme at his own motion or where option is withdrawn at the instance of the proper officer shall, where required, furnish a statement in FORM GST CMP-08 for the period for which he has paid tax under the composition scheme till the 18^th  day of the month succeeding the quarter in which the date of withdrawal falls and furnish a return in FORM GSTR-4 for the said period till the 30^th  day of April following the end of the financial year during which such withdrawal falls. 

Tables in the return

The following tables are in the Form GSTR – 08-

• Table 4 – Inward supplies including supplies in which tax is to be paid on reverse charge-

• 4A - Inward supplies received from a registered supplier (other than supplies attracting reverse charge) 
• 4B. Inward supplies received from a registered supplier (attracting reverse charge) 
• 4C. Inward supplies received from an unregistered supplier
• 4D – Import of service.

• Table – 5 - Summary of self-assessed liability as per FORM GST CMP-08

(Net of advances, credit and debit notes and any other adjustment due to amendments etc.)

1. Outward supplies (including exempt supplies) 
2. Inward supplies attracting reverse charge including import of services 
3. Tax paid (1+2) 
4. Interest paid, if any 

• Table 6 -  Tax rate wise details of outward supplies / inward supplies attracting reverse charge during the year

(Net of advances, credit and debit notes and any other adjustment due to amendments etc.)

This table contains 8 columns in which the data are auto populated.  The auto populated data are to be verified by the tax payers.  The details of the tables are as below-

• Serial Number;
• Type of supply (inward/outward)
• Rate of tax
• Value
• Amount of tax-

• Integrated tax;
• Central Tax;
• State Tax;
• Cess.

Table 7 - TDS/TCS Credit received

The following information are to be furnished in this table-

• GSTIN of Deductor/e-commerce operator;
• Gross value;
• Amount of tax-

1. Central Tax;
2. State/Union Territory tax.

8. Tax, interest, late fee payable and paid

The following information as in the 9 columns are duly to be filled in-

1. Serial Number;
2. Type of tax-

• Integrated tax – auto populated;
• Central Tax – auto populated;
• State Tax – auto populated;
• Union Territory Tax – auto populated

3. Tax amount payable (as per Table 6) – auto populated;
4. Tax already paid (through Form No. GST CMP – 08) – auto populated;
5. Balance amount of tax payable, if any (3-4) – auto populated;
6. Interest payable;
7. Interest paid;
8. Late fee payable;
9. Late fee paid.

9.  Refund claimed from electronic cash ledger

This table contains 7 columns.  The following information are to be posted in these columns-

1. Description of tax-

• Integrated tax;
• Central tax;
• State tax;
• Cess.

2. For each tax the following information are to be furnished-

• Tax;
• Interest;
• Penalty;
• Fee;
• Other;
• Debit Entry Numbers.

In addition to the above the taxpayer is to furnish his bank account details (Drop down).

Verification

The taxpayer or the authorised person shall give the following declaration as to the verification of the data furnished in the return GSTR – 4 as – “I hereby solemnly affirm and declare that the information given herein above is true and correct to the best of my knowledge and belief and nothing has been concealed therefrom.”

The form should be signed by the tax payer or the authorised person.