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Return filing for opt out of composition

13 October 2017

I opted out of the composition scheme from 1st October, now which return I have to file for the month of July, August and September. since on my portal only monthly returns are reflecting.

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4 Replies

acasaurabharora@gmail.com (36 Points)
Replied 14 October 2017

You need to file GSTR 4 for July, august and September. For October, November and December, you need to file quaterly return (GSTR 1,2 & 3) on or before 20th of January, 2018. File GSTR 3B on monthly basis for October, November and December. Also file GST ITC 01 to avail ITC on Inputs and capital goods as on 30.09.2017 as per section 18. If you don't see GSTR 4 then call on helpdesk number of GST portal.

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CA. Ankit Vijaywargiya (Practising Chartered Accountant ) (72 Points)
Replied 28 January 2018

Return filing dash board for the person who have opted out of compoisition has been starterd. Now you can file the GSTR 4 upto the period for which composition is applicable and 3B & GSTR1 for the later period.

Ganesan (PARTNER) (15 Points)
Replied 27 February 2018

i opted out from composition scheme from 01/01/2018 onwards.But i couldn't able to file GSTR-3B for January month.In Return Dashboard its appearing as jan-mar quarterly return .Please help me do so..

vamsi krishna (Article Assistant) (268 Points)
Replied 27 February 2018

Sir,

As per my understanding of law,

Till Oct 1 you are under Regular scheme, so you should file monthly/quarterly returns (as the case may be with regard to your turnover) in GSTR1, GSTR2 (date yet to be notified), GSTR3 (date yet to be notified) and GSTR3B.

From Oct 1 onwards you are under Composition scheme, so you have to file quarterly returns in form GSTR 4.

Your first quarter is Oct-Dec

Thanks