CMP-08 Filing Reminder for Composition Dealers – Due Date: 18th April 2025

 

📢 CMP-08 Filing Reminder for Composition Dealers – Due Date: 18th April 2025

As the GST compliance calendar rolls forward, here's an important reminder for composition taxpayers!

🔔 What is CMP-08?

CMP-08 is a Quarterly Challan-cum-Statement that needs to be filed by taxpayers who have opted for the Composition Scheme under GST. This form allows taxpayers to:

  • Declare the summary of their outward supplies.

  • Pay the tax liability for the respective quarter.

For the quarter January to March 2025, the due date for filing CMP-08 is 18th April 2025.

📝 Who Should File CMP-08?

The following taxpayers are required to file CMP-08:

✅ Registered persons under the Composition Scheme (Section 10 of CGST Act).
✅ Dealers with turnover up to ₹1.5 crore (₹75 lakhs in some states).
✅ Taxpayers who opted into the scheme and deal only in intra-state supplies of goods/services.

If you're a manufacturer, trader, or restaurant owner under the Composition Scheme, this applies to you.

🧾 Details Required for CMP-08

The form is relatively simple and includes:

  • Outward supplies during the quarter

  • Tax payable (CGST, SGST, and IGST, if applicable)

  • Interest and late fees (if any)

💡 Note: No invoice-wise or detailed return is required — just a consolidated figure for the quarter.

🕒 What Happens If You Miss the Deadline?

Failing to file CMP-08 on or before 18th April 2025 may lead to:

🚫 Late fees under GST Act
🚫 Interest on tax liability
🚫 Blocking of e-way bill generation
🚫 Impact on compliance rating

So, it’s essential to file on time and stay compliant!

💼 Need Help With Filing?

Let our team of GST experts at Taxla Services handle your compliance with ease and accuracy.

📞 Contact us: +91 9600076134 / 6374812546
📧 Email: auditsiva2@gmail.com
🌐 Website: www.taxlaservices.com
📍 Office: 19, SBI Colony 3rd Street, Saligramam, Chennai – 600093

🔖 Hashtags (for social sharing)

#CMP08 #GSTDueDate #CompositionScheme #GSTCompliance #TaxFiling #BusinessTax #TaxlaServices #IncomeTaxPractitioners #ChennaiTaxExperts #April2025Deadlines




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