- The 53rd Meeting of the GST Council recommended an amendment to extend the due date for filing of return in FORM GSTR-4 for composition taxpayers from 30th April to 30th June following the end of the financial year.
- The CBIC has issued Notification No.12/2024 – Central Tax, which inserts a proviso stating that the return in FORM GSTR-4 for a financial year from FY 2024-25 onwards must be furnished by the registered person by the thirtieth day of June following the end of such financial year.
- This notification allows registered taxpayers paying tax under Section 10 of the CGST Act (Composition Levy) to file their Annual Return in FORM GSTR-4 by June 30th of the following financial year from FY 2024-25 onwards.
Source A2ztaxcorp
Latest Posts in "India"
- India’s GST 2.0 Sparks Concerns in Nepal Over Smuggling and Trade Deficit
- India Recognizes Intermediary Services as Exports Under GST, Aligning with Global Practices
- FISME Urges Automatic GST Refunds, Proposes 8% Concessional Rates to Support MSMEs
- India Launches GST Appellate Tribunal for Uniform Dispute Resolution Across States
- GSTN Advisory 624: New Changes in Invoice Management System Effective October 2025
