CMP-08 Filing Deadline for October-December 2024

Attention all composition dealers! The due date for filing CMP-08 for the quarter October-December 2024 is 18th January 2025. Ensure timely submission to stay compliant with GST regulations.

What is CMP-08?

CMP-08 is a Quarterly Challan-cum-Statement that composition dealers under the GST regime are required to furnish. It serves two purposes:

  1. Reporting the summary of outward supplies.
  2. Paying tax liability for the quarter.

Key Features of CMP-08:

  • Applicable to taxpayers registered under the Composition Scheme.
  • Simple format for quarterly tax reporting.
  • Helps streamline tax compliance for small and medium businesses.

Why File CMP-08?

  1. Mandatory Compliance: As per GST laws, failure to file CMP-08 on time attracts penalties and interest.
  2. Maintain Tax Records: Filing helps maintain accurate tax records and ensures your business runs smoothly.
  3. Avoid Late Fees: Filing within the deadline avoids unnecessary financial penalties.

Who Needs to File CMP-08?

Businesses that have opted for the Composition Scheme, including small retailers, manufacturers, and service providers with an annual turnover below the prescribed limit.

How Can Taxla Services Help?

At Taxla Services, we offer expert assistance in filing CMP-08 and other GST-related compliance forms. Our services include:

  • Accurately computing tax liability for the quarter.
  • Ensuring timely and error-free filing of CMP-08.
  • Offering end-to-end GST compliance support for composition dealers.

📞 Reach out to us today:
+91 9600076134 / 6374812546

📧 Email: auditsiva2@gmail.com

🌐 Website: www.taxlaservices.com

📍 Office Address:
19, SBI Colony 3rd Street, Saligramam, Chennai 600093

Stay on top of your tax compliance with Taxla Services, your trusted tax partner!

#CMP08 #CompositionScheme #GSTCompliance #TaxConsultants #TaxFiling #TaxlaServices



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