Now GSTR-4 is required to be filed annually & payment shall be made on Quarterly basis Vide notification no. 21/2019-Central Tax dated April 23, 2019, CBIC has notified that GSTR-4 is required to be filed on Annual basis by Composition Dealers & Service Providers paying GST @ 6% and the payment of self-assessed tax shall be made in Form GST CMP-08 on quarterly basis.
The said persons shall furnish a statement, every quarter or, as the case may be, part thereof containing the details of payment of self-assessed tax in FORM GST CMP-08 of the Central Goods and Services Tax Rules, 2017, till the 18th day of the month succeeding such quarter.
GSTR -4 Needs to be filed Once in a Financial Year with Due date of 30th day of April following the end of such financial year.
CMP-08 – Payment of Self assessment Tax till the 18th day of the month succeeding such quarter.
Notification Applicable – From F.Y 19-20 ( Starting From 01/04/2019 )
Notification provides a sign of relief as far as GST compliance is concerned for Composition Dealers
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