CBIC prescribes special procedure for payment and return filing by composition taxpayers

Govt. prescribes special procedure for furnishing return and payment of tax by persons paying tax under composition scheme in terms of Section 10 of CGST Act, 2017 or Notification No. 02/2019 – Central Tax (Rate); Statement containing details of payment of self-assessed tax shall be submitted for every quarter in FORM GST CMP-08 till 18th day of month succeeding such quarter; Further, annual return in FORM GSTR-4 shall be furnished on or before the April 30 following t...