COMPOSITION SCHEME UPDATE CMP-08

Please Note Composition Dealer Update (1) As per Notification 21/2019 Central Tax dt. 23 April 2019, Composition Dealer is required to comply with quarterly tax payment & file yearly return for FY 2019-20 & onwards. (2) Quarterly payment for the composition dealer is via form CMP-08. (3) As per an update from GSTN, link for form CMP-08 for composition dealer is expected to be available after 20th July 2019. (4) As per the update from GSTN, the last date for filing CMP-08 for the first quarter of FY 2019-20 i.e. Apr-June 2019, which was 18th July 2019 has been extended by GIC to 31st July 2019. Notification to follow. You may kindly advise accordingly if any query comes.