https://help.tallysolutions.com/docs/te9rel65/Tax_India/gst_composition/file_gst_cmp_08.htm

Filing Quarterly Form GST CMP-08 for Composition Dealers

Updated on: 29-Jul-2019

Composition Dealers must continue to make tax payments on a quarterly basis and furnish the self-assessed tax and interest details to the department. To facilitate this, the department has introduced the GST CMP-08 form, which is available on the GSTN Portal.

Login to the GSTN Portal and enter all related details in the GST CMP-08 form by referring to your GSTR-4 returns and other entries in Tally.ERP 9.


You can fill in the necessary fields, as mentioned below:

Sl. No

Field Name

Description

1

GSTIN

This information is auto populated from the tax payers profile.

2(a)

Legal Name

This information is auto populated from the tax payers profile.

2(b)

 

Trade Name

This information is auto populated from the tax payers profile.

2(c)

 

ARN

This information is auto populated after filing the returns.

2(d)

 

Date of Filing

This information is auto populated after filing the returns.

3

Summary of self-assessed liability

(net of advances, credit and debit notes and any other adjustment due to amendments etc.)

1

Outward supplies (including exempt supplies)

You can get the details of taxable value, IGST, SGST, CGST, and Cess for outward supplies from GSTR-4, by

     Referring to the Outwards Supplies section.

     Drilling down to the No direct implication in the return tables section, to get the exempt value.

The sum of these values should be entered under Outward supplies (including exempt supplies).

2

Inward supplies attracting reverse charge including import of services

You can get the details of taxable value, IGST, SGST, CGST, and Cess for inward supplies from the Inward Supplies section in GSTR-4.

3

Tax Payable (1+2)

Enter the sum of the values in 1 and 2 in each column. This should match the sum of Total Tax Amount under the Outward Supplies and Inward Supplies sections in GSTR-4.

4

Interest Payable, If any

Enter the total interest payable amount for the Return period, as per the Journal entries in your books.

5

Tax and Interest Paid

Refer to the all tax and interest payment entries you have made to the department in the Return period, and enter the total tax and interest paid.

     If you have used the Stat Payment Entry option in the Payment Vouchers to enter the tax amount, you can also refer to the Gateway of Tally > Display> Statutory Reports > GST Reports> Challan Reconciliation report for the total tax paid.

Once all the details are entered, save the form and file the returns.