CBIC vide notification no. 07/2022 Dt. 26.05.2022 has waived late fees of GSTR 4 for FY 2021-22 from 1st May 2022 to 30th June, 2022.
Relevant text of the notification are as under:
“Provided also that the late fee payable for delay in furnishing of FORM GSTR-4 for the Financial Year 2021-
22 under section 47 of the said Act shall stand waived for the period from the 1st day of May, 2022 till the 30th
day of June, 2022.”
To read full notification CLICK ME.
GSTR-4 is an annual return that has to be filed by a composition dealer paying tax as per provision of section 10.
Unlike a normal taxpayer who needs to furnish returns either monthly or quarterly, a dealer opting for the composition scheme is required to furnish only 1 return which is GSTR 4 once in a year by 30th of April, following a financial year.
GSTR 4 can only be filed online, no offline tool is available for same as of now.
Do remember like any other GST return it cannot be revised so do check your return properly before filing.
You can book phone consultation/ assistance online with expert as mentioned below:
To book ITR filing with experts CLICK ME.
To book phone consultation with experts for any Income tax related matters CLICK ME.
To book consultation for Faceless Assessment with experts CLICK ME.
To book phone consultation with experts for GST related matters CLICK ME.
To book general phone consultation with expert CLICK ME.
