17 July 2021
A composite tax payer outward supplies tax rate wise not reported column 6 of gstr4 in f.y.20-21 negative liability show in gstr4. Question: Dealer composite return April-june-21 quarter sales turnover show in April to June-21 return only or previous year in 20-21 sales turnover both sales turnover show in cmp-08 return April-june 21 quarter is correct method.
17 July 2021
Correct Method is to show April- June 2021 turnover only in CMP-08. It is advisable to pay the liability of F Y 20-21 by DRC-03 . and pay tax of current year through negative liability statement.
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