Small relief to small traders in GST, tax returns will be filled with just one SMS

wealth4india October 27, 2020
GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust, Marketing, Media

Another process of filing GST returns has been made easier for small traders. GST Network (GSTN) has started the facility of filling quarterly returns through SMS for composition taxpayers on which liability is NIL. A total of 17.11 lakh taxpayers are registered under the composition scheme, out of which 20 percent ie 3.5 lakh taxpayers are NIL returns.


This means that small traders or small business houses who have no GST dues or tax liability, can now send their GST returns by sending an SMS. They will not need to visit the GST portal. However, the business houses which owe tax will not be able to take advantage of this facility.


Such taxpayers will be able to fill the NIL statement through SMS in Form GST CMP-08, they will not have to log in by visiting the portal of GSNT. CMP-08 is a quarterly statement that has to be filed by the composition taxpayers. How to file tax return through SMS GSTN has also given a way to do this.

How to fill GST returns through SMS

  1. Assessee will have to type ‘NIL &lt space &gt C8 &lt space &gt GSTIN &lt space &gt Return Period’ in their mobile and send it to 14409.
  2. After sending the SMS, the taxpayer will get a 6 digit verification code on his mobile
  3. This 6 digit code needs to be re-sent to 14409 so that NIL form CMP-08 can be confirmed.
  4. GST portal will send application reference number (ARN) to taxpayers on mobile, email
  5. Taxpayer can view the status of Form CMP-08 on the GST portal, where it will appear ‘Filed’.
  6. If the taxpayer did not send the SMS in the manner specified, then his return will not be filed.

Who are composition taxpayers

  1. Taxpayers whose annual turnover is Rs 1.5 crore or less.
  2. Such taxpayers have to deposit GST at the rate of 1 percent, 5 percent and 6 percent.
  3. GST rate is 1 percent for manufacturers, GST rate 5 percent for restaurants and GST rate 6 percent for other service providers.
  4. These taxpayers only have to file tax returns on a quarterly basis.
  5. Such taxpayers do not get the benefit of input tax credit.
  6. Such taxpayers also cannot issue tax invoices.

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