Dear Sir,
My small manufacturing firm is under Composition levy under GST Registration.
I like to know is it compulsory to file GSTR-4 even if my annual turnover is less than 10 lakhs
PHANI CHANNAPATNA (18 Points)
23 June 2024Dear Sir,
My small manufacturing firm is under Composition levy under GST Registration.
I like to know is it compulsory to file GSTR-4 even if my annual turnover is less than 10 lakhs
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 23 June 2024
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 24 June 2024
CA Anoop Kumar Sharma
(Accounts Manager)
(2065 Points)
Replied 24 June 2024
Yes, it is compulsory to file GSTR-4 (Annual) even if your turnover is very low. Every taxpayer who has opted for the composition scheme under the GST regime must file GSTR-4.