GST-Composition Scheme

1.composite scheme dealer inward supplies detailes(purchases invoices ) uploaded manadatory show in gstr4 annual return.
2.composite dealer late fees and interest calculate procedure.

Hi @Sundaraiah_Kollipara,

As per Rule 62(3)(a) of CSGT Rules, 2017 (Part A_Rules) A composition taxpayer has to furnish

  • Invoice-wise details of inward supplies relating to both intra-state & interstate from registered and unregistered persons separately.

As per the instructions given below FORM GSTR-4 of CGST Rules, 2017 (Part B_Forms), the following information relating to inward supplies (rate-wise) needs to be provided

  • Table 4A – Information will auto-populate relating to inward supplies from a registered supplier other than supplies where the reverse charge is applicable from the returns furnished by the suppliers in GSTR-1 and GSTR-5.
  • Table 4B – Information will auto-populate relating to supplies from a registered supplier where the reverse charge is attracted from the returns furnished by the suppliers in GSTR-1.
  • Table 4C – Information will auto-populate relating to inward supplies from an unregistered supplier.
  • Table 4D – Information relating to the import of services.

But as per clarification by GST department, when the auto-population feature for inward supplies which was available on the GST portal was not working. Reporting in table 4A of GSTR-4 is not mandatory.

Further, late fee of Rs. 200 per day is levied if the GSTR-4 is not filed within the due date. The maximum late fee that can be charged cannot exceed Rs. 5,000. Interest is also calculated at rate of 18% p.a on tax liability.

You can read our below articles for more insights:

I have not filed any GST returns for the past 2 financial years and my registration is lying under Composition Scheme from some time. How do I opt out?


Hey @Shweta_Saini

You can opt out of Composition Scheme from your account on GST Portal. Once the taxpayer type is updated to Regular in your profile, you can start filing GST Returns under the regular scheme. If you are facing any issues while making the withdrawal application, you can create a grievance on the GST Portal.

Do let us know if you have any further queries.

I want to be able to claim input tax credit for GST paid. Should I opt for the GST composition scheme or regular scheme?

Hey @Joe_Fernandes

If you wish you claim Input tax credit, you should opt for GST Regular Scheme.

Read more about the difference here.

A retail pharmacy store dealer composite scheme registered in gst act purchase of medicines different tax rates(1 ,12,18 percent)and sale to counter sales through on Google pay and phone pay online mode and cash mode sales two types amounts doubt: dealer how to accounting entry passed procedure in books

@AkashJhaveri @Kaushal_Soni @Divya_Singhvi @Laxmi_Navlani can you?

Hi @Sundaraiah_Kollipara

Dealers opting for a composition scheme are not allowed to take the input tax credit of tax paid and also they cannot to charge GST from the customer.

They have to make very simple entries as follows

On sale of goods
Bank/ Cash/ Any wallet A/c Dr
To Sale A/c

On Purchase of goods
Purchase A/c Dr
To Bank A/c

On payment of Composition Fees
Composition Fees A/c Dr
To Bank A/c

Hope this helps!