Quarterly Return for compounding Taxpayers (GSTR-4)
What is GST?
GST, Frequently Asked Questions
_thumb.jpg "Quarterly Return for compounding Taxpayers (GSTR-4)")
(The information given here is valid only after introduction of GST likely to be in 2016 and also subjected to changes by GST law drafting committee and other concerned authorities)
After crossing the threshold exemption limit, the taxpayers may opt for compounding scheme wherein they would be required to pay taxes at fixed rate without any ITC facilities. Such taxpayers would be required to file a simplified quarterly return (GSTR-4) as per the format prescribed. In this return the taxpayer is only required to indicate the total value of supply made during the period of return and the tax paid at the compounding rate along with the details of payment of tax in the return. The compounding taxpayer will also need to declare invoice-level purchase information (auto-drafted from supply invoice information uploaded by counter-party taxpayers) for the purchases from normal taxpayers. The Compounding taxpayer will also be required to submit details of the goods and services imported from outside India. The Compounding taxpayers would be allowed to export supplies outside India. GST Law may provide for suitable provisions with respect to the eligibility of such taxpayers to purchase only tax paid supplies and that they can make purchases from unregistered suppliers on payment of GST on reverse charge basis.
Click here to know GST rate on Goods and Services
GST Exemption list of goods and services
Find HSN number or Service tariff code for GST
GST registration guidelines
Indian GST Laws
How to export your goods?
How to file GST returns?
Monthly Return under Goods and Service Tax
Where to file GST returns?
Process of GST returns
GST Annual Return (GSTR-8)
How to obtain acknowledgement for filing returns with GST
GST Return for Casual and Non-Resident Taxpayers
Short filing of GST returns
Non filing and Late filing of GST returns
Revision of GST Return
GST returns for Input Service Distributor (ISD)
TDS calculation under GST returns
GST Returns, Advances received against a supply to be made in future
Post sales discount under GST returns
Procedures to assess credit note and debit note under GST Act
Bills of Entry relating to Import under Goods and Service Tax (GST)
Invoices pertaining to exempted including Nil rated supply under GST
Invoice pertaining to Export and deemed export supply
Invoices pertaining to B2C transactions
Invoice level information details for GST returns
Components of a valid TDS Return (GSTR-7):
Components of a valid ISD Return (GSTR-6)
Non-Resident Foreign Taxpayers (GSTR-5)
Quarterly Return for compounding Taxpayers (GSTR-4)
Components of valid GST Return (GSTR-3)
GST Return for Inward Supplies received by the Taxpayer (GSTR-2)
GST Return for Outward Supplies made by the Taxpayer (GSTR-1)
Different Tax returns under GST Goods and Service Tax
GST registration and returns filing procedures for PSUs and Government entities
What is RETURNS in terms of Goods and Service Tax?
Related posts about Import Export Guide online:
How does Letter of Credit work?
The term LCL. What does LCL mean?
How does Wire transfer work in international business?
Types of Export Containers
Dimension of Cargo Containers
Difference between dry cargo container and Tunnel Container
sea exports
Documents required to import animal origin products
Documentation and procedures to import Live Animals
Bank financial benefits to Exporters
What is post shipment credit to exporters?
How to amend consignee (importer) name in Import General Manifest (IGM)
How many of you know the meaning of Exports and Imports in India?
How many types of imports in India. Types of bills of Entry in India
How does STP units work in India?
How does TT (Telegraphic Transfer) work?
Tips to exporters on Documentation
What is LET EXPORT order in export trade?
What is LC Letter of Credit in export import business
What is legalization of documents by embassy?
How to overcome Negative thoughts in export business
How to prepare an Export Invoice. Contents of Export commercial Invoice:
How to solve exchange rate variation in export business:
How to surrender ‘HBL’ House Bill of Lading
Is THC same in all ports
KINDS OF LOSSES in Marine Insurance
Is sales tax applicable on shipments effected under high sea sales
Is Seaway bill a document of title? What is Seaway bill.
Payment terms
What happens, once Bill of Entry for Imports files?
What is ‘Combined Bill of Lading’
How to obtain a duplicate BL, if original bill of lading lost.
How to obtain GSP - Certificate of Origin?
How to obtain Phyto sanitary certificate. What is phytosanitary certification
How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS
What is ‘Late BL release charges’
What is ATA carnet and how ATA carnet works?
What is Bank Guarantee to customs in Import
What is Bond execution with customs in imports and exports
Transferability of Bill of Lading
Transhipment - A redefinition
Travelers to India under import duty exemption, Frequently Asked Questions Part 2
Triangular export
Triangular shipment
Types of Insurance Documents.
What is Brand Rate in Duty Drawback
What is BVQI inspection on export goods?
What is charter party bill of lading ?
What is CIF terms of delivery in Exports and Imports?
What is Clean on board Bill of Lading
What is co-loading
What is Commercial enforcement hold for import cargo in US
What is consolidation of cargo What is LCL cargo less container load cargo
What is Crating in Exports and Imports
What is CT3 form. How to get CT3. Why CT3 required
What is customs bonded area in exports and imports
What is DDP terms in an export Import Business?
What is Dry Port
What is DTA in export import trade?
What is ECGC and how does ECGC protect exporters?
What is EPCG How EPCG works in Export Import trade?
What is Ex-factory terms in Imports and Exports
Brought down GST rate on purchase or sale of mayonnaise and salad dressings
Minimized GST slab rate on Bari made of pulses
GST amount of rate on Food preparations under HSN chapter code 2106 business
GST amount of rate on purchase or sale of Sweetmeats
Rate of GST on Pan masala
No need pay GST on sale of Prasadam
GST on food mixes