The Central Board of Indirect Taxes and Customs on 26th May 2022, has waived the late fee for delay in furnishing Form GSTR-4 for the period from the 1st day of May, 2022 till the 30th day of June 2022.
GSTR-4 is filed annually by the taxpayers registered under the composition scheme. Unlike a normal taxpayer who needs to furnish 3 monthly returns, a dealer opting for the composition scheme is required to furnish only 1 return which is GSTR 4 once in a year by 30th of April, following a financial year.
