GST Filing Regular Composition

GST Return Filing – Composition Scheme

The GST Composition Scheme is designed to ease the compliance burden for MSME businesses by simplifying GST return filings and GST payment mechanisms. In this article, we look at the GST return filing for Composition Scheme in detail.

Composition Scheme Return Filing

All persons registered under the Composition Scheme shall file FORM GSTR-4A every quarter through the GST Common Portal or through a GST Facilitation Centre. GST return for those enrolled under Composition Scheme is due on the 18th of the month, succeeding a quarter. Hence, GST returns for the composition scheme would be due on April 18th, July 18th, October 18th, and January 18th. The GST return filed by a Composition Scheme supplier must include details of:

  • Invoice-wise inter-State and intra-State inward supplies are received from registered and unregistered persons.
  • Consolidated details of outward supplies made.

Also, if a registered person opted to pay tax under the composition scheme from the beginning of a financial year, then the taxpayer must file monthly GST returns on the 10th, 15th, and 20th of each month and monthly returns till the due date of furnishing the return for the month of September of the succeeding financial year or furnishing of annual return of the preceding financial year, whichever is earlier. Hence, even if a taxable person under GST opted for a composition scheme from April onwards, the taxpayer must continue filing monthly GST returns until September.