who can file GSTR-4 and what's the late fees.
Arvind kumar
varanasi
arvind kumar (69 Points)
07 July 2022
prasad Nilugal
( GST Practitioner & Accounts )
(14546 Points)
Replied 07 July 2022
Aanchal Aggarwal
(76 Points)
Replied 07 July 2022
Hi!
GSTR-4 is annual return to be filed by assessees who have opted for composition scheme. Late fees is Rs. 50 per day to a maximum of 500 if there is no tax payable. otherwise can go upto 2000. As per the CGST Notification no.7/2022 dated 26th May 2022, the late fee has been waived for the delay in filing GSTR-4 for FY 2021-22, if it is filed between 1st May to 30th June 2022.
CA Puja Sharma
(Chartered Accountant)
(4972 Points)
Replied 07 July 2022
GSTR 4 is an annual return to be filed by every composition dealer.
The late filing fee is Rs. 50 per day up to a maximum of Rs.2,000.
Further, for the FY 2021-22, 30th June 2022 was the due date for filing of the return.
CBIC vide Notf. No 12/2022 - Central Tax dated 5th July 2022 has waived off the late filing fees upto 28th July 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 07 July 2022
manishbhai savani
(Student CA IPC / IPCC)
(20 Points)
Replied 09 July 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 10 July 2022
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
