GSTR-4 Filing · Panaji, Goa
GSTR-4 annual return filing for composition taxpayers in Goa — consolidating CMP-08 quarterly statements, inward supply details, and composition levy paid, prepared and filed by qualified CAs in Panaji by 30 April.
Overview
Form GSTR-4 is the annual return for composition scheme taxpayers under Section 10 of the CGST Act — replacing the earlier quarterly GSTR-4. From FY 2019-20 onwards, composition taxpayers file quarterly CMP-08 statements (self-assessed tax payment) and one annual GSTR-4 by 30 April of the following financial year. GSTR-4 consolidates all four quarters of CMP-08 data and requires the taxpayer to reconcile inward supplies received from registered and unregistered suppliers.
GSTR-4 is often perceived as a simple return — but it requires accurate reconciliation of the quarterly CMP-08 payments, inward supply details (which auto-populate from suppliers' GSTR-1), and the final annual composition levy computation. The annual return also captures any inward supplies on which reverse charge (RCM) is applicable — which composition taxpayers must pay in cash without ITC credit. Our composition scheme advisory and CA-managed filing handle this comprehensively.
What we cover
CMP-08 reconciliation, inward supply details, RCM liability, and accurate GSTR-4 filing by 30 April.
Talk to our CA →Reviewing all four quarterly CMP-08 statements filed during the year — confirming that turnover and tax were correctly declared in each quarter, and identifying any discrepancies before GSTR-4 is filed.
Reconciling auto-populated inward supply data (from suppliers' GSTR-1) in GSTR-4 against the purchase register — identifying and explaining differences for supplies from registered suppliers.
Computing the reverse charge tax payable on inward supplies from unregistered suppliers (above ₹5,000 per day) and on notified RCM categories — composition taxpayers cannot claim ITC so RCM is a cash cost.
Aggregating all four quarters' turnover from CMP-08 and reconciling against the financial statements — ensuring the annual composition levy is correctly computed at 1%, 2%, or 5% of total turnover.
Preparing and filing GSTR-4 on the GST portal by 30 April — with reconciled CMP-08 data, inward supplies, RCM liabilities, and final tax payable computation.
Alerting the taxpayer when turnover is approaching the ₹1.5 crore composition limit — and advising on timely withdrawal from the composition scheme to avoid penalties for continuing beyond the threshold.
GSTR-4 — key facts
GSTR-4 annual return must be filed by 30 April of the following financial year. E.g., for FY 2023-24: 30 April 2024.
CMP-08 quarterly self-assessment statement is filed by 18th of month after each quarter — the quarterly tax payment form.
Composition taxpayers cannot claim ITC — all tax paid on purchases (including RCM) is a cost, not a credit.
Late fee for GSTR-4: ₹200 per day (₹100 CGST + ₹100 SGST), subject to a maximum of ₹5,000.
Frequently asked questions
Every taxpayer registered under the GST Composition Scheme (Section 10, paying tax at 1%, 2%, or 5% on turnover) must file GSTR-4 annually by 30 April of the following financial year. Composition taxpayers also file CMP-08 quarterly (by 18th of month after each quarter) as a self-assessment tax payment statement. The Composition Scheme is not available to service providers (other than restaurant businesses), inter-state suppliers, or e-commerce operators.
CMP-08 is a quarterly self-assessment statement filed by the 18th of the month following each quarter (October, January, April, July). It declares the taxable turnover and composition levy payable for the quarter. GSTR-4 is the annual return filed once a year by 30 April, consolidating all four CMP-08 quarters and adding inward supply details (from registered and unregistered suppliers), RCM liabilities, and the final annual tax computation. CMP-08 is the payment mechanism; GSTR-4 is the reconciliation and annual disclosure.
No. Composition taxpayers do not file GSTR-3B. Their tax payment obligation is fulfilled through quarterly CMP-08 statements. They also do not file GSTR-1 (since they cannot charge GST on invoices and issue Bills of Supply instead). The only GST returns required from composition taxpayers are CMP-08 (quarterly) and GSTR-4 (annually).
GSTR-4 Table 4 requires details of inward supplies: (a) from registered suppliers — auto-populated from suppliers' GSTR-1, to be accepted or modified by the taxpayer; (b) from unregistered suppliers — manually entered by the taxpayer, including value and applicable RCM (if above ₹5,000 per day from unregistered suppliers or for notified RCM categories). Composition taxpayers cannot claim ITC on these inward supplies — the RCM tax is a business cost.
The late fee for GSTR-4 is ₹200 per day (₹100 CGST + ₹100 SGST) subject to a maximum of ₹5,000 per return. If GSTR-4 is not filed, the GST portal blocks CMP-08 filing for subsequent quarters until the pending GSTR-4 is filed. Accumulated late fees for multiple years' non-filing can be substantial, and the department may initiate cancellation of registration for persistent non-filers.
Yes. If the total CMP-08 tax paid across four quarters exceeds the annual composition levy as computed in GSTR-4, the excess is available in the electronic cash ledger and can be used to offset future tax liabilities. A formal refund application (Form RFD-01) is required to withdraw the excess to the bank account. Composition taxpayers cannot claim ITC refunds — only cash balance refunds are available.
Related services
Missing the GSTR-4 deadline blocks your CMP-08 filing and attracts late fees. Our qualified CAs in Panaji, Goa handle your CMP-08 quarterly statements and annual GSTR-4 filing — accurately and on time.