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FILING NIL FORM CMP-08 STATEMENT THROUGH SMS ON GST PORTAL

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A Composition taxpayer may now file NIL statement in Form GST CMP-08 for a quarter, through an SMS, apart from filing it through online mode, on GST portal.

(a)  To file NIL Form GST CMP-08 through SMS, the taxpayer must fulfil following conditions:

Ø  Taxpayer must be registered as composition taxable person (by filing Form GST REG-01) or have opted for composition levy (by filing Form GST CMP-02)

Ø  Taxpayer must have fulfilled all the applicable statements in Form GST CMP-08 for the previous quarters.

Ø  Authorised signatory and his/her phone number must be registered on the GST portal.

Ø  There must not be any data in save stage, in online version of Form GST CMP-08, on the GST Portal.

(b) The taxpayer can file the nil return, if taxpayer has  not performed the below mentioned activities:

Ø  Any outward supply(Commonly known as sale)

Ø  Any liability due to reverse charge (including import of services)

Ø  Any other tax liability.

(c)     Steps to file NIL Form GST CMP-08 through SMS are as follows:

Ø  Send SMS to 14409 to file NIL Form GST CMP-08 i.e. <NIL> <Return Type> <GSTIN> <Return period> (For example for filing NIL return for tax period April-June 2020: NIL C8 07AABCM3425F1ZH 062020)

Ø  Send SMS again on the same number 14409 with verification code to confirm filing of NIL Form GST CMP-08 i.e. <CNF> <Return Type> <Code>. (For example verification code received is 123456, SMS CNF C8 123456)

Ø  After successful validation of verification code, GST portal will send back ARN to registered E-Mail ID and Mobile No. to intimate successful NIL filing of GST CMP-08.

Please note that due date to file Form GST CMP-08  is 18th of the month following the quarter.

SOURCE : GST WEBSITE

Disclaimer : TAXGyaAan is meant purely for the educational purpose of Tax Laws and Regulatory Updates. It will not be treated as professional advice. This Blog should not be substituted for professional advice. For specific Queries, please post in the comments section. 

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