GST Composition Return Filing – An Overview
In case of small taxpayers in India, who have opted for a composition scheme, they just have to file GST returns on a quarterly basis. mydigitalfiling provides online facility for GST Composition Return filing.
Return Form Used:
The GSTR- 4 form is an annual return form. This return is for those taxpayers who have opted GST Composition scheme. In this scheme, only one return is required to be filed.
In Addition, the taxpayers will have to file CMP-08 for the payment in every quarter of the year. The due date for each CMP-08 filing is 18th of every succeeding quarter.
Late Fees and Penalty
late fee of Rs. 200 per day will be levied if the GSTR-4 will not filed within the due date.
The maximum late fee that can be charged cannot exceed Rs. 5,000.
GST Composition Return (Premium Package) includes
This package is designed for those who want to get the package for full year. In this package, you will get the following:
- Full year filing i.e. Filing of all four quarters
- Unlimited Transactions
- Most Important part of this package is, this package includes Annual Return filing i.e. Form GSTR-4 along with Form CMP-08.
You can make a free consultation request before making payment for the package. Our experts will call you and explain you the every details of the package.
We have only one commitment, which is our customer satisfaction. We assure you the best service in less time. In case of customer dis-satisfaction, we commit you the full refund of your hard money without any arguments.