Composition scheme taxpayers

Negative Liability in GSTR-4- Filing of Annual Returns by taxpayers

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Filing of Annual returns by composition taxpayers. - Negative Liability in GSTR-4

As we know, under the Composition scheme taxpayers have to file a CMP-08 challan. Consequently, Composite taxpayers filing Annual Returns are facing issues in the portal. Several taxpayers reported an issue of negative liability appearing in GSTR-4. In this article, we will understand the government’s notification on Negative Liability in GSTR-4. What are GSTR-4 and … Read more