Tax Unbound

GSTR-4 Filing

What it means?

GSTR-4 is a quarterly tax summary return filed by registered taxpayers during the Financial Year under composition Levy scheme. Those who opt for this scheme are known as compounding vendors.

What is Composition Levy?

It is an alternative method of levy of tax designed for small taxpayers whose turnover is up to Rs. 75 lakhs ( Rs. 50 lakhs in case of few States). The eligible person opting to pay tax under this scheme can pay tax at a prescribed percentage of his turnover every quarter, instead of paying tax at normal rate.

GST 4B Filing

Service Price options:

Beginner

From ₹550

(Monthly Pricing)

✅ NIL GST return

✅ GST Return 4 Filing

✅ Hassle Free Experience

✅ 24hours Delivery time

standard

From ₹1,680

(Monthly Pricing)

✅ Document Checklist

✅ GST Return 4 Filing

✅ Up to 15 No. of monthly Sales Invoices

✅ Preparation of Summary sheet with Computation.

✅ 2-5 Days Delivery time

all inclusive

From ₹14,950

(Annual Pricing)

✅ Document Checklist

✅ GST Return 4 Filing

✅ Up to 15 No. of monthly Sales Invoices

✅ Preparation of Summary sheet with Computation.

✅ 2-7 Days Delivery time

Preliminary Documents Checklist

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All the Sales Invoices issued during the months

(along with summary if possible)

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All the Purchase Invoices issued during the months

(along with summary if possible)

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All the Debit and Credit notes issued during the months

(along with summary if possible)

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GST Login credentials & Bank statement for those months
Document Checklist Image for Company Incorporation
Sole Proprietorship process brief

Process Brief

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submit the Documents as per Checklist
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Documents are verified by our experts
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Computation summary sheet is shared
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On approval, GST returns are filed online

General Return Filing under GST

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GSTR 3B & GSTR 1 Filing
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GSTR 9 & 9A Filing (Annual Returns)
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GSTR 9C (Includes GST Audit)
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GSTR 4 Filing (For Composition Dealer)

Includes a dealer opting for the composition scheme

GST Returns types

Didn't answer your question?

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The GST return services will be done online/remotely. Our experts shall be available by Phone, Email and WhatsApp.

GSTR-4 Due date is 18th of the month after the end of the quarter; If GSTR-4 is not filed, the penalty of Rs 200 per day is levied. The maximum penalty limit is Rs. 5000. Central Tax late fees for GSTR-4 is brought down to Rs. 50 per day in case of default. Also, the late fee for the filing of NIL GSTR-4 is brought down to Rs. 20 per day in case of delay.

Assam, Aurnachal Pradesh, Manipur, Meghalaya, Mizorum, Nagaland, Sikkim, Tripura & Himachal Pradesh.

Yes, even if there is no sale or purchase, every eligible taxpayer has to file nil returns.

They have to pay tax on quarterly basis before 18th of the month succeeding the quarter during which supplies were made.  

No. He/she cannot take credit on his input supplies.  Under the composition scheme is out of the credit chain. When he/she switch over from composition scheme to normal scheme, eligible credit on the date of transition would be allowed

No. The option to pay tax under composition scheme lapses from the day on which his aggregate turnover during the financial year exceeds the specified limit (Rs. 75 lakhs /Rs. 50 lakhs). He/she is required to file an intimation for withdrawal from the scheme in FORM GST CMP-04 within seven days from the day on which the threshold limit has been crossed.

The option to pay tax under composition scheme will have to be exercised for all States. Inter-state Sale cannot be done in this scheme. Only Intrastate allowed.


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