Description

Composition taxpayers with ‘NIL’ liability can file returns via SMS: GSTN. … GST composition scheme can be opted by any taxpayer whose turnover is up to Rs 1.5 crore. Under the scheme, manufacturers and traders are required to pay GST at 1 per cent, while it is 5 per cent for restaurants (which do not serve alcohol).

Step 1: Send SMS on number 14409 – ‘Nil(space)return type(space)GSTIN(space)return period‘. For example- If you are filing a nil statement for the April-June quarter ‘NIL C8 08ACQPG4437PKZE 06 2020’. Step 2: Send SMS on the same number with a verification code to confirm the filing of a nil statement.

The assessee may send an SMS to 14409 stating ‘NIL <space>C8<space>GSTIN<space>Return Period’. After sending the SMS, the taxpayer will receive a six-digit verification code, which he may send again to 14409 to confirm filing of Nil Form CMP-08.

1. Log in to the Taxpayers’ Interface.
2. Go to Services > Registration > Application to Opt for Composition Levy.
3. Fill the form as per the form specification rules and submit.