06 July 2024
If a GST registered composition scheme dealer is facing issues with filing CMP-04 returns, here's how they should proceed:
1. **Understanding CMP-04:** - CMP-04 is a quarterly statement filed by composition dealers to declare the details of payment of tax. - It includes details of outward supplies, inward supplies attracting reverse charge, and tax payable. - This return needs to be filed quarterly by composition dealers.
2. **Procedure for Filing CMP-04:** - Log in to the GST portal using your credentials. - Navigate to the 'Services' > 'Returns' > 'Returns Dashboard' section. - Select the financial year and the relevant quarter for which you need to file CMP-04. - Click on the 'Prepare Online' button next to CMP-04. - Fill in the details accurately, including: - Details of outward supplies made (both interstate and intrastate). - Details of inward supplies attracting reverse charge mechanism. - Compute the tax payable on such supplies. - After filling in all the details, preview the form to ensure accuracy. - Submit the form once you have verified all the details are correct.
3. **Common Issues and Solutions:** - **Portal Issues:** If CMP-04 is not being accepted on the GST portal, ensure that you are using the latest version of supported browsers (Chrome, Firefox, or Internet Explorer 11+). - **Technical Errors:** If there are technical errors or system glitches preventing submission, try again after some time or report the issue to the GST helpdesk. - **Data Accuracy:** Double-check all entries for accuracy, especially numerical values and tax calculations. - **Payment Details:** Ensure that any tax payable is paid through the GST portal using the appropriate challan (CMP-08).
4. **Documenting Submission:** - Once CMP-04 is successfully filed, download the acknowledgment or summary of the return from the GST portal. - Keep copies of these documents for your records and future reference.
5. **Seeking Assistance:** - If you continue to face issues with filing CMP-04, consider seeking assistance from a GST practitioner or consultant. - They can provide guidance on resolving technical issues or addressing any compliance-related queries.
By following these steps and ensuring accurate and timely filing of CMP-04 returns, you can comply with GST regulations applicable to composition scheme dealers effectively.
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