Difference between GSTR 4 and GSTR 9A- Composition dealer

Bo the returns are annual returns for composition dealers. Due to recent changes in GST returns there is a lot of confusion among stakeholders, that whether we need to file both returns for the same year, and if yes then what is the difference between GSTR 4 and GSTR 9A.

GSTR 4- Annual Return for composition dealer

New GSTR 4 is a GST Annual Return that must be filed by the taxpayers opting for Composition Scheme. Until the Financial Year 2018-19, the return was filed every quarter which got replaced by CMP-08.

GSTR 9- Annual Return for composition dealer

The GSTR 9A is the Annual Return to be filed once in a year by taxpayers who have opted for the Composition Scheme under GST for a particular financial year, it includes all the information furnished in the quarterly return filed by the composition taxpayers during that financial year.

Also Read:- What is GST Input Tax credit -ITC with example and rules

Difference between GSTR 4 and GSTR 9A

Here is the complete difference between GSTR 4 and GSTR 9A

S. No.BasisGSTR 9AGSTR 4 (Annual)
1SectionIt is an annual return, prescribed under section 44 of the CGST Act, 2017. That needs to be filed for every financial year.It is an annual return, prescribed under section 39 of the CGST Act, 2017. That needs to be filed for every financial year on or before 30th April, following of financial year.
2Due dateFor FY 2019-20, the due date of GSTR 9A is 31.12.2020For FY 2019-20, the due date of GSTR 4 has been extended upto 31.10.2020
3ApplicabilityIt has been optional for FY 2018-19 and for FY 2019-20 it is mandatory need to be filed by 31.12.2020.GSTR 4 is mandatory w.e.f from FY 2019-20 onward.
4Refunds/demandDetails for refund/demand during the year needs to be filed under other information table.Not Applicable
5PY TransactionsAny details reported in returns of April to September of current FY or upto the date of filing of Annual return of previous FY, which ever is earlier has to be mentioned in GSTR 9A.Not Applicable
6Input Tax CreditDetails of ITC reversed or availed to be disclosed here, if a taxpayers opt in/out of composition scheme.Not Applicable
7Inward supply detailsOnly consolidate figure of inward supplies needs to be mentioned. (Break up of taxable value and tax rate is not required)Bill wise summary of inward supply including supplies on which reversed charge is paid (as per GST portal) needs to be furnished.
Difference between GSTR 4 and GSTR 9A

Also Read- GSTR 3B Return- A Simple guide to GSTR 3B

Conclusion- Although we have tried to clear the doubts of professionals through the above table but from the point of view of taxpayers, it is unable to understand why taxpayers required to submit two annual returns for the same period.

Join our Social Community

FacebookTwitterInstagram
LinkedInPinterestTelegram

Disclaimer: The information contained in the above article are solely for informational purpose after exercising due care. However, it does not constitute professional advice or a formal recommendation. The author does not own any responsibility for any loss or damage caused to any person, directly or indirectly, for any action taken on the basis of the above article.

Feedback/Suggestion- Hope you all find it useful, please give your valuable feedback & let us know if there is an error. Thanks in Advance

Compiled by- CA Chirag Agarwal (Practicing Chartered Accountants)

Spread the knowledge of Tax

Leave a Comment