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Generate GST CMP-08 Report

The GST CMP-08 report displays details of inward supplies attracting reverse charge and all the outward supplies made by a GST composition dealer in a given period.

On this page

Overview of GST CMP-08

Return Summary

Resolve Incomplete/mismatch in Information in Vouchers

Description of Information Captured in each Section of GST CMP-08

View Vouchers Accepted As Valid

Overview of GST CMP-08

Go to Gateway of Tally > Display > Statutory Reports > GST > Returns > GST CMP-08 .

Press F2 to change the report period, as required.

Click F12: Configure and enable the option Show break-up of nett values .

The report appears as shown:

Click F1 : Detailed to view the breakup of sales, purchase and the corresponding returns.

If you have more than one tax rate in the return period, based on the date of applicability, the break-up of net value appears for taxable sales.

There are two sections in this report:

Returns summary, which is a snapshot of the business operations in the given period.

Particulars, which displays transactions participating in the returns.

Returns Summary

This section provides a summary of all transactions recorded in the reporting period. You can drill down from each row to view the details.

Total number of vouchers for the period - drill down to view the Statistics report that displays the voucher types with corresponding voucher count.

Included in returns - drill down to view the list of transaction types with corresponding voucher count, that are forming part of the report.

Participating in the returns : drill down to view the list of transaction types with corresponding voucher count, that are forming part of GST CMP-08 return.

No direct implication in return tables : drill down to view the list of transaction types with corresponding voucher count, that are considered in GST CMP-08 report, but do not appear in the return. Here purchases and purchase returns that do not attract reverse charge will appear, with corresponding voucher count.

Not relevant for returns - drill down to view the category of vouchers that are excluded from the report.

Other transaction types that can appear under excluded vouchers:

o Displays voucher types that are not considered for GST CMP-08 with corresponding voucher count.

o Excluded by User : Displays transactions manually excluded from the list of included or uncertain transactions. Drill down and click I : Include Vouchers , if required. Based on the information in the voucher, it will move to either included or uncertain.

o No GST Implications : Displays the count of receipts, payments, and journal vouchers that do not have any GST implication.

Based on the available transactions, the relevant categories appear with the voucher count.

Incomplete/Mismatch in information (to be resolved) - Displays the count of all vouchers for which information required for filing returns is missing in the invoice. You can correct exceptions in the vouchers before printing GST CMP-08 returns.

Resolve Incomplete/mismatch in Information in Vouchers

The exceptions are listed in the order of priority, based on the importance of the information to generate the returns. You need to update the missing information and resolve the mismatches to include them in the returns.

Exceptions in this section

Tax rate/tax type not specified

Taxability, Reverse charge applicability, Taxable value, Rate of tax modified in voucher

Vouchers with incomplete/incorrect adjustment details

Sales by composition dealer with interstate Party

Information required for generating table-wise details not provided

Tax rate/tax type not specified

Displays the count of transactions for which the rate or tax type is not selected in the item/ledger master.

1. Select Tax rate/tax type not specified , and press Enter .

2. Select the Taxability , if not provided.

3. Enable Reverse Charge if applicable, and provide the tax rates.

4. Press Enter to save.

Note: Click X : Exclude Vouchers to exclude the voucher from GST CMP-08 return.

Taxability, Reverse charge applicability, Taxable value, Rate of tax modified in voucher

Displays the count of transactions in which the taxability, applicability of reverse charge, or rate of tax defined in the ledger master has been changed in the transaction.

1. Select Taxability, Reverse charge applicability, Taxable value, Rate of tax modified in voucher , and press Enter .

2. Select the relevant transaction, click R : Resolve , and enter the details manually. Click A : Accept as is if you do not want to change any information.

3. Press Enter to accept. Similarly, accept the required vouchers.

4. Press Ctrl+A to accept.

Vouchers with incomplete/incorrect adjustment details

Displays the count of journal vouchers in which the Nature of adjustment selected is incorrect.

1. Select Voucher with incomplete/incorrect adjustment details , and press Enter .

2. Select the voucher and press Ctrl+Enter to view the voucher alteration screen.

3. Select the Nature of Adjustment and accept the voucher.

4. Press Ctrl+A to accept.

Sales by composition dealer with interstate Party

Displays the count of transactions recorded with party located outside the state, as such transactions are not allowed by GSTN.

1. Select the exception Sales by composition dealer with interstate Party , and press Enter .

2. Select the State , Place of Supply , and Registration Type . You can change the address details by pressing Backspace and setting the option Set/Alter Address to Yes .

Information required for generating table-wise details not provided

Displays the count of transactions excluded from GST CMP-08 due to incomplete information.

1. Select Information required for generating table-wise details not provided , and press Enter .

2. Select any voucher and press Enter to view the reason.

3. Press Esc to return to the report and press Ctrl+Enter to view the transaction.

4. Enter the missing information or update the incorrect details. On saving the voucher, the transaction will form part of the relevant section of the report.

Description of Information Captured in each Section of GST CMP-08

Field Name in GST CMP-08

Description

Taxable Sales @ x%

Displays the values of sales, sales returns, increase or decrease in sales recorded with the following details:

Intrastate party ledger

Taxability is Taxable

Exempted sales @ x%

Displays the values of sales, sales returns, increase or decrease in sales recorded with the following details:

Intrastate party ledger

Taxability is Exempt

Nil Rated sales @ x%

Displays the values of sales, sales returns, increase or decrease in sales recorded with the following details:

Intrastate party ledger

Taxability is Nil Rated

Purchases Attracting Reverse Charge

Displays the value of total purchases attracting reverse charge, made from regular and unregistered dealers.

Purchase Taxable @ x%

Displays the values of transactions under reverse charge - purchase, purchase returns, increase or decrease in purchases recorded with the following details:

Intrastate party ledger

Taxability is Taxable

Is reverse charge applicable is set to Yes .

Interstate Purchase Taxable @ x%

Displays the values of transactions under reverse charge - purchase, purchase returns, increase or decrease in purchases recorded with the following details:

Interstate party ledger

Taxability is Taxable

Is reverse charge applicable is set to Yes .

Purchase from Unregistered Dealers Taxable @ x%

Displays the values of transactions under reverse charge - purchase, purchase returns, increase or decrease in purchases recorded with the following details:

Interstate or intrastate party ledger with Registration Type set to Unregistered .

Taxability is Taxable

Is reverse charge applicable is set to Yes .

Import of Services

Displays the values of transactions under reverse charge - purchase, purchase returns, increase or decrease in purchases recorded with the following details:

Party's country is other than India

Taxability is Taxable

Advance Payments

Displays the total of advance paid and adjustment made towards advance paid

Advance Paid

Displays the credit values of GST ledgers selected in journal vouchers recorded with:

Nature of adjustment - Increase in tax liability

Additional Details - Advance paid under reverse charge

Provide GST details - provide the party details

Adjustment of Advance

Displays the debit values of GST ledgers selected in journal vouchers recorded with:

Nature of adjustment - Decrease in tax liability

Additional Details - Advance paid under reverse charge

Provide GST details - provide the party details

View Voucher Accepted As Valid

In GST CMP-08 report, press Ctrl+A > select Vouchers accepted with original values > press Enter .

The list of vouchers that were accepted as valid and included in the returns will be displayed.

Press Enter to view the vouchers. To move the vouchers out of this list and make the required corrections, click A : Remove Accept As Is and press Enter . The voucher moves to the relevant exceptions.