The Step by Step procedure for filing CMP-08 are:
1. Log in at GST Portal.
2. Click on Services - Return Dashboard - Select Return Filing Period and Financial Year.
3. Click on CMP-08
4. The taxpayer needs to enter the details related to the below mentioned details:
* Outward supply (including exempt supply).
* Inward supplies attracting reverse charge including import of services.
* Interest payable, if any.
*. After entering the details taxpayer needs to click on Save button.
*. After Clicking on Save then click on “Preview Draft GST CMP-08”.
*. After clicking on “Preview Draft GST CMP-08” then click on “Proceed to File” tab.
When taxpayer clicks on “Proceed to File” tab then status shows “Ready to File” and message shows “Compute Liabilities request has been received,please check the status in sometime”.
*. After clicking on “Proceed to File” tab appropriate window will get displayed, where taxpayer view the reported liabilities and balance available in cash ledger.
9. If sufficient balance is available in cash ledger then click on “File GST CMP-08”, if not then click on “Create Challan” and paid the tax liabilities accordingly.
10. After clicking on “File GST CMP-08” to file the form, Taxpayer can file the form as per applicability (EVC or DSC)
11. After Form CMP-08 is filed:
ARN is generated on successful filing of the Form GSTR-4 Return.
An SMS and an email are sent to the taxpayer on his registered mobile and email id.
This video is for educational purpose only.
