WebReason for Negative Liability in GSTR-4. The liability of the complete year is required to be declared in GSTR-4 under applicable tax rates. Taxpayers need to provide details in … WebWhat is a Nil GSTR-4 (Annual return)? A Nil GSTR-4 (Annual Return) can be filed for a financial year if the following conditions are met: No record of outward supply. The taxpayer did not receive any goods or services. Has no other liability for reporting. Form CMP-08 for all the quarters are filed as Nil. No late fee is to be paid for GSTR-4.
GSTR 2001/4 Legal database
WebAug 7, 2024 · Liabilities can also be offset from excess amount deposited through Form GST CMP-08, available in negative liability statement. 14.2 (a). ... no additional cash payment is required for paying liability. 15. Click the DOWNLOAD GSTR-4 SUMMARY (PDF)/ DOWNLOAD GSTR-4 ... WebApr 27, 2024 · How to solve the Problem of Negative Liability in GSTR 4 - FY 2024-22. How to solve the Problem of Negative Liability in GSTR 4 - FY 2024-22. sapien health limited
Guide to file GSTR-4 online - ClearTax
WebJul 23, 2024 · How to proceed in case of negative liability: If table 6 of GSTR-4 has not been filled due to oversight, a ticket may be raised to nullify the amount available in negative liability statement. If there is no liability to be paid during the year, the liability paid through Form GST CMP-08 shall move to negative liability statement and the … WebApr 27, 2024 · How to solve the Problem of Negative Liability in GSTR 4 - FY 2024-22. How to solve the Problem of Negative Liability in GSTR 4 - FY 2024-22. WebOct 6, 2024 · If there is no liability to be paid during the year, the liability paid through Form GST CMP-08 shall move to a negative liability statement and the same excess amount can be utilised to pay the liability of future tax periods.; If table 6 of GSTR-4 has not been filled due to oversight or any other reason, a ticket will be raised to nullify the … sapien health app