Composition Taxpayers to file only one return in a year now,
Form GSTR-4 Annual Return made available on GST portal
- – More than 17 lakh composition taxpayers are liable to file the return
- – Last date to file Form GSTR-4 (Annual) for FY 2019-20 has been extended to 31st August 2020
New Delhi, 21stJuly 2020: GSTN has made Form GSTR-4 (Annual Return for Composition Taxpayers) available on the GST portal. This will enable 17 lakh Composition Taxpayers to file their returns on an annual basis with effect
from FY 2019-20. Prior to this period, Composition Taxpayers were required to file their returns every quarter in form GSTR-4. While both are known as GSTR-4, the one for quarterly return for period 2018-19 is completely different
from the Annual Form GSTR-4 applicable from FY 2019-20.