Quick Summary
The CBIC had recently notified a new return for the composition dealers, which is GSTR-4(Annual Return). The return is effective from FY 2019-20 and the extended due date to file the same was 31/08/2020. However, due to various issues being faced by the taxpayers, the taxpayers were requesting for an extension in the due to file the return. Considering the issues being faced by the taxpayers the CBIC took to Twitter and notified that the due date for GSTR-4 has been extended to 31/10/2020.
FAQ :
GSTR-4 is a new annual return for composition dealers, effective from the financial year 2019-20.
The original due date for filing the GSTR-4 annual return was 31st August 2020.
The due date has been extended due to various issues faced by taxpayers with the new return system.
The new due date for filing the GSTR-4 annual return is 31st October 2020.
The extension was notified by the Central Board of Indirect Taxes and Customs (CBIC) via Twitter.
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