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Gst

Indirect Taxation

In GSTR-1 it is said that the composition scheme registrated person is not required to file this return but also it is special case of filing this return for small tax payers So won't this make registrated person under scheme to file return?

Swathi Krishna

CA Final

★ 8K+

30-Jul-20 20:58

366

Answers (7)

Best Answer

Thread Starter

Swathi Krishna

K that but the above one small taxpayers means ?

Person who are register in regular scheme and they turnover over is less than 1.5 crores can opt to File GSTR-1 quarterly instead of monthly

sundesh kumar

CA Inter

★ 7K+

31-Jul-20 17:57

A person registrated under Composition Scheme has to pay tax quarterly statement CMP-08 and Â a return in form GSTR-4 has to be filed annually but does not file GSTR-1

sundesh kumar

CA Inter

★ 7K+

31-Jul-20 16:44

K that but the above one small taxpayers means ?

Thread Starter

Swathi Krishna

CA Final

★ 8K+

31-Jul-20 17:28

Thread Starter

Swathi Krishna