*BIG NEWS FOR COMPOSITION DEALERS*
_*Notification No. 20/2019 - CT dated 23.04.2019*_
*A. Composition Taxable Persons* are now required to file *GSTR-4 ON ANNUAL BASIS* till *30th APRIL every year*. - _First GSTR-4 will be filed on 30.04.2020 for F.Y. 2019-20._
_*Notification No. 20/2019 - CT dated 23.04.2019*_
*A. Composition Taxable Persons* are now required to file *GSTR-4 ON ANNUAL BASIS* till *30th APRIL every year*. - _First GSTR-4 will be filed on 30.04.2020 for F.Y. 2019-20._
*B. Composition Taxable Persons* are required to *pay tax quarterly*
till *18th of month succeeding
the quarter* by filing *FORM GST CMP-08.* - _First GST CMP-08 will be filed on 18.07.2019 for Q1of F.Y. 2019-20._
*Note* - Above *amendment also applies to such Service Providers* who *opts* to pay tax under *Composition Scheme* (Turnover upto INR 50 lakhs, Rate - 6%, No Inter-State supplies).
the quarter* by filing *FORM GST CMP-08.* - _First GST CMP-08 will be filed on 18.07.2019 for Q1of F.Y. 2019-20._
*Note* - Above *amendment also applies to such Service Providers* who *opts* to pay tax under *Composition Scheme* (Turnover upto INR 50 lakhs, Rate - 6%, No Inter-State supplies).
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