Also, there is GST CMP 08 for the composition scheme dealers but it has to be filed every quarter lowering the need for regular updates on the GST due date filing calendar. GST Return Form NameFiling PeriodDue Date in December 2024 GSTR 07 Monthly (November 2024) 10th December GSTR 08 ...
GST CMP-08 Quarterly self-assessed statement-cum-payment by composition dealers. 5 GSTR 5 Goods and Services Tax Return of non-resident taxable person: This return will contain all business details for non-resident (NR) including the details of sales & purchases. ...
CMP-08 Statement-cum-challan for composition taxpayers Quarterly 18th of the month following the quarter April-June 2024, July-September 2024, October-December 2024, January-March 2025 GSTR-4 Annual return for composition taxpayers Annually 30th April 2025 FY 2024-25 GSTR-5 Return for non-reside...
CMP-08 Statement-cum-challan for composition taxpayers Quarterly 18th of the month following the quarter April-June 2024, July-September 2024, October-December 2024, January-March 2025 GSTR-4 Annual return for composition taxpayers Annually 30th April 2025 FY 2024-25 GSTR-5 Return for non-reside...
Opting out of Composition Scheme on crossing the threshold of composition scheme Late fees in case of following a. GSTR 10 – Final Return (in case of cancellation of registration) b. Delay in filing annual return for FY 17-18 and older period returns Liability of Partner of firm to pay ...
Also, the GST Amnesty Scheme was announced in the meeting to provide relief to taxpayers regarding late fees for pending returns. New changes in the GST Rates related to COVID-19 equipments were announced via the 44th GST Council Meeting. The month of June also saw a few GST notification ...
Composition Scheme Taxpayers These taxpayers summarize their quarterly turnover and generate the CMP-08 challan for payment. For example, tax for the April-June quarter must be paid by 18th June. What Are the Modes of GST Payment? Making GST payments can be done through various methods, providi...
Taxpayers can choose the composition scheme for the FY 2024-25 by visiting the GST Portal by March 31, 2024. File Form CMP-02 under Navigation ‘Services -> Registration -> Application to Opt for Composition Levy’. 09th February 2024 GSTN has added four new states (Jharkhand, Karnataka, ...
Composition Taxable People In challan CMP-08, these taxpayers must provide details of their sales and turnover for the quarter and pay the tax. Taxpayers with NIL GST returns As they have no purchases or sales, (and therefore, no bills or invoices), no taxes are due by these taxpayers for...
The GSTR-1 is required to be filed on a monthly basis unless you have opted for the QRMP scheme. The GSTR-1 must be filed by every single normal registered taxable person. GSTR-1 doesn’t need to be filed by the input service distributor, the composition taxpayer, the persons liable...