2020-03-10 17:47:46GST CenterEnglishThis article explains how to file form GST CMP–08. It also talks about the case where this form needs to be filed when there is no...https://quickbooks.intuit.com/in/resources/in_qrc/uploads/2020/03/How-To-File-Form-GST-CMP-08-Final.jpghttps://quickbooks.intuit.com/in/resources/gst-center/how-to-file-form-gst-cmp-08/How To File Form GST CMP-08 On GST Portal?

How To File Form GST CMP-08 On GST Portal?

8 min read

As per the revised rule 62 of the CGST rules, every composition dealer must make payment of tax in form GST CMP – 08 and file an annual return in form GSTR 4. Form GST CMP – 08 is a statement that declares the details of the self-assessed tax payable for a given quarter by composition dealers. Such a statement is used for payment of tax every quarter by a composition dealer.

This article explains how to file form GST CMP – 08 step by step. It also talks about the case where a composition dealer needs to file such a form even if there is no self-assessed liability.

How To File GST CMP-08 Online?

Following are the steps that a composition taxpayer to file Form GST CMP-08 on the GST Portal.

A. Login to Form GST CMP-08 Page

  • Access the GST Portal

Access the GST Portal at gst.gov.in. On accessing the above URL, the homepage of the GST Portal gets displayed. Then, use your username and password details to login to the GST Portal.

HOW TO FILE FORM GST CMP-08
  • Open Returns Dashboard

Once you login to the GST Portal, click on the ‘Services’ tab. Under ‘Services’, the following options get displayed:

Click ‘Returns’ from the above set of options. After clicking ‘Returns’, click ‘Returns Dashboard’. You can also directly click the ‘Returns Dashboard’ link directly on the dashboard itself.

HOW TO FILE FORM GST CMP-08
  • Display of File Returns Page

On clicking the ‘Returns Dashboard’ option, the ‘File Returns’ Page gets displayed. On the ‘File Returns’ Page, the following two options get displayed: (i) Financial Year and (ii) Return Filing Period.

Select the requisite Financial Year in the ‘Financial Year’ field and the Return Filing Quarter in the ‘Return Filing Period’ field. Then, click the ‘Search’ button.

On clicking the ‘Search’ button, the ‘File Returns’ page gets displayed but now with two tiles as shown below. These tiles include (i) statement for payment of self assessed tax GST CMP – 08 and (ii) auto drafted details for registered persons opting composition levy GSTR 4A. Out of the two options, click the ‘prepare online button’ in the GST CMP – 08 tile.

HOW TO FILE FORM GST CMP-08
  • Display of Summary of Self Assessed Liability

On clicking the ‘Prepare Online Button’ in GST CMP – 08 tile, the statement for payment of self assessed tax gets displayed. This statement is a summary of self assessed liability that is net of advances, credit notes and debit notes and any other adjustment due to amendments. This summary showcases:

  • Outward supplies (including exempt supplies)
  • Inward Supplies attracting reverse charge including import of services
  • Tax payable
  • Interest payable if any
HOW TO FILE FORM GST CMP-08

B. File Nil Form GST CMP-08

In case of nil GST CMP-08, you need to select the checkbox for ‘File Nil GST CMP – 08. Once you tick the checkbox, the following text will be displayed:

HOW TO FILE FORM GST CMP-08

C. Fill Details in Table 3

In this step you need to enter details in table 3 and then click on ‘save’ in order to save your details. Table 3 is nothing but the summary of self assessed liability. You need to fill details pertaining to:

  • Outward supplies (including exempt supplies)
  • Inward Supplies attracting reverse charge including import of services
  • Tax payable
  • Interest payable if any
HOW TO FILE FORM GST CMP-08

D. Click OK

Once you click on the ‘Save’ button, a success message will appear. You need to click on the ‘Ok’ button.

HOW TO FILE FORM GST CMP-08

E. Preview Form GST CMP-08

Once your save request is accepted successfully on clicking ‘ok’, you then need to click ‘Preview draft GST CMP – 08. On clicking this, a PDF file would be downloaded on your system.

HOW TO FILE FORM GST CMP0-8

F. Proceed to File and Payment of Tax

  • Click Proceed To File

Now, click the ‘Proceed to file’ button in order to file form GST CMP – 08.

HOW TO FILE FORM GST CMP-08
  • Display of Message

Once you click on the ‘Proceed to File’ button, a message will appear in a green box right above the table. This message proclaims to check the status in sometime.

HOW TO FILE FORM GST CMP-08
  • Refresh the Screen

Once you get the message, refresh the screen after sometime. On doing so, ‘payment of tax’ page gets displayed. This page showcases the available cash balance as on date in electronic cash ledger to the payment of tax ‘cash ledger balance’ table.

HOW TO FILE FORM GST CMP-08
I. When Cash Balance in Electronic Cash Ledger is More than the Amount Required to Offset Liabilities

When the available cash balance in the electronic cash ledger is more than the amount required to offset liabilities, no additional cash is required to pay off the liabilities. Thus, you can preview and then file form GST CMP – 08.

HOW TO FILE FORM GST CMP-08
II. When Available Cash Balance in Electronic Cash Ledger is Less than the Amount Required to Offset the Liabilities

When the available cash balance in electronic cash ledger is less than the amount required to offset liabilities, then additional cash is required to be paid by the taxpayer.

Such additional cash is shown in the ‘Additional Cash Required’ column. Therefore, you can create a Challan for the additional cash directly by clicking on the ‘Create Challan’ button as shown below.

HOW TO FILE FORM GST CMP-08
  • Once you click on the ‘create challan’ button, the ‘create challan’ page gets displayed. Furthermore, you need to note that in the tax liability details grid, the ‘total challan amount’ field and the ‘total challan amount in words’ field would get auto-populated with the total amount of payment to be made. Hence, you cannot edit this amount.
HOW TO FILE FORM GST CMP-08
  • Next, you need to select the payment mode. There are three payment modes: e-payment, over the counter and NEFT/RTGS.
HOW TO FILE FORM GST CMP-08
  • Once you choose the payment mode click the ‘generate challan’ button.
  • On clicking ‘generate challan’, the challan gets generated. You need to click on the ‘download’ button in order to download the challan.
HOW TO FILE FORM GST CMP-08
  • Once you click on the ‘download’ button, the downloaded challan gets displayed. Then, click on the ‘make payment’ button.
HOW TO FILE FORM GST CMP-08
  • Once you make the payment, go to the returns dashboard again. You will note that the additional cash required is Nil now. So to preview GST CMP – 08, you need to click on ‘preview draft GST CMP – 08 (PDF)’.
HOW TO FILE FORM GST CMP-08

G. File Form GST CMP – 08 with DSC/EVC

  • Once you make the payment, select the checkbox against the declaration. Then, choose the authorized signatory from the drop down.
HOW TO FILE FORM GST CMP-08
  • After choosing the authorized signatory, click on ‘file GST CMP – 08’ button.
HOW TO FILE FORM GST CMP-08
  • Once you click on the ‘file GST CMP – 08’ button, a warning will display on the screen proclaiming that once the entries are made, these cannot be reversed. If you are satisfied with all the details, click on the ‘Yes’ button.
HOW TO FILE FORM GST CMP-08
  • On clicking the’ Yes’ button in the warning, the ‘submit application page’ gets displayed. On this page you need to click ‘file with DSC’ or ‘file with EVC’ button.
HOW TO FILE FORM GST CMP-08
  • If you click’ file with DSC’ button, select the certificate and then click the ‘sign’ button.
  • However, if you select ‘file with EVC’ button, enter the OTP sent on your email and mobile number of the authorized signatory registered at the GST portal. Then, click the ‘validate OTP’ button.
HOW TO FILE FORM GST CMP-08
  • Once you upload DSC or EVC, a success message gets displayed along with ‘ARN’. Further, the status of the form GST CMP – 08 gets changed to ‘filed’. Therefore, you need to click the ‘back’ button to download the filed GST CMP – 08 form.
HOW TO FILE FORM GST CMP-08
  • Download the filed GST CMP – 08 form by clicking on the ‘download filed GST CMP – 08’ button.
HOW TO FILE FORM GST CMP-08
Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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