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CBIC Mandates Filing of FORM GSTR-4 by June 30th from FY 2024-25 Onwards
Update / Judgement Date
12 Jul 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Corporate ComplianceGST
The article discusses the CBIC's new mandate requiring filing of Form GSTR-4 by June 30th annually, starting from FY 2024-25. This form is crucial for composition taxpayers under GST to declare their annual turnover and tax liability. Failure to comply by the deadline can lead to penalties and legal consequences. This initiative aims to streamline compliance and improve tax administration for small businesses under the GST regime.
