Bv
*GST Query*
*GST - ( GSTR-4 COMPOSITION RETURN )*
Whether purchase details are mandatory to upload in GSTR 4 for Q-2 July-Sep 2018?
*Solution*
Serial 4A of Table 4 requires the composition dealer to furnish details of inward supplies received from a registered supplier
(other than supplies attracting reverse charge).
*Notification 26/2018-Central Tax dated 13.06.2018* - Amendment to CGST Rules (Vth Amendment in 2018) States that,
in FORM GSTR-4, in the Instructions, for Sl. No. 10, the
following shall be substituted, namely:-
• “10. For the tax periods
July, 2017 to September, 2017,
October, 2017 to December, 2017, January, 2018 to March, 2018 and
April, 2018 to June, 2018, serial 4A of Table 4 shall
not be furnished.”;
• Earlier this was waived till December, 2017.
The idea behind relaxation of finishing purchase details in Table 4A of GSTR 4 is
"since auto-population of the details of the inward supplies including supplies on which tax is to be paid on reverse charge has not taken place" as per the Press release made by Ministry of Finance on 17 APR 2018.
But, now functionality has been made and auto-drafted purchases made from registered persons based on the GSTR 1 - Outward supplies filed by the supplier are available for view purpose post login to gst portal in GSTR 4 tab.
*To conclude it is mandatory to furnish inward supplies made by composite taxpayer from registered persons, in table 4A of GSTR 4 from July-September,2018 Quarter and onwards.*
Regards
B Vinay Reddy
Article Assistant
Hyderabad
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