CGST Rule 62: Form and manner of submission of statement and return

Provisions under Rule 62 of CGST Rules, 2017 relating to “Form and manner of submission of statement and return”:

CGST Rule 62: Form and manner of submission of statement and return (Chapter VIII: Returns) [*1&3(a)]

(1) Every registered person [*3(b)] paying tax under section 10 shall, on the basis of details contained in FORM GSTR-4A, and where required, after adding, correcting or deleting the details, furnish the quarterly return in FORM GSTR-4 paying tax under section 10 [*4(a)] shall-

(i) furnish a statement, every quarter or, as the case may be, part thereof, containing the details of payment of self-assessed tax in FORM GST CMP-08, till the 18th day of the month succeeding such quarter; and

(ii) furnish a return for every financial year or, as the case may be, part thereof in FORM GSTR-4, till the thirtieth day of April following the end of such financial year,

electronically through the common portal, either directly or through a Facilitation Centre notified by the Commissioner.”

Provided that the return in FORM GSTR-4 for a financial year from FY 2024-25 onwards shall be required to be furnished by the registered person till the thirtieth day of June following the end of such financial year. [*2, 3(c) & 5]

(2) Every registered person furnishing the statement under sub-rule (1) shall discharge his liability towards tax or interest [*3(d)] payable under the Act or the provisions of this Chapter by debiting the electronic cash ledger.

(3) The return furnished under sub-rule (1) shall include the –

(a) invoice wise inter-State and intra-State inward supplies received from registered and un-registered persons; and

(b) consolidated details of outward supplies made.

(4) A registered person who has opted to pay tax under section 10 [*3(e)&4(b)] from the beginning of a financial year shall, where required, furnish the details of outward and inward supplies and return under rules 59, 60 and 61 relating to the period during which the person was liable to furnish such details and returns till the due date of furnishing the return for the month of September of the succeeding financial year or furnishing of annual return of the preceding financial year, whichever is earlier.

Explanation.- For the purposes of this sub-rule, it is hereby declared that the person shall not be eligible to avail of [*3(f)] input tax credit on receipt of invoices or debit notes from the supplier for the period prior to his opting for the composition scheme [*3(g)&4(c)].

(5) A registered person opting to withdraw from the composition scheme at his own motion or where option is withdrawn at the instance of the proper officer shall, where required, furnish a statement in FORM GST CMP 08 for the period for which he has paid tax under the composition scheme till the 18th day of the month succeeding the quarter in which the date of withdrawal falls and furnish a return in FORM GSTR 4 for the said period till the thirtieth day of April following the end of the financial year during which such withdrawal falls [*3(h)].

(6) [*3(i)&4(d)]

Notes (History of Amendments in Bare Text):

1. CGST Rule 62 introduced vide Notification 10/2017, effective 01/07/2017.

2. Proviso inserted in sub-rule (1) from 13/10/2017 vide Notification 45/2017. [*3(c)]

3. Amendments from 23/04/2019 vide Notification 20/2019:

(a) In the marginal heading the text “Form and manner of submission of quarterly return by the composition supplier” substituted with the text “Form and manner of submission of statement and return”.

(b) in sub-rule (1), the text beginning with “paying tax under section 10” and ending with “FORM GSTR-4” substituted with the text beginning with “paying tax under section 10″ and ending with “end of such financial year”. [*4(a)]

(c) in sub-rule (1), proviso omitted. Please refer Notification 45/2017 for text thereof before substitution. [*2]

(d) in sub-rule (2), the text “return under sub-rule (1) shall discharge his liability towards tax, interest, penalty, fees or any other amount” substituted with the text “statement under sub-rule (1) shall discharge his liability towards tax or interest”.

(e) in sub-rule (4), the text beginning with “or by availing the benefit of ” and ending with “the 7th March, 2019” inserted after the text “opted to pay tax under section 10”. [*4(b)]

(f) in the Explanation in sub-rule (4), the text “of” omitted after the text “not be eligible to avail”.

(g) the text beginning with “or opting for paying tax” and ending with “the 7th March, 2019” inserted after the text “opting for the composition scheme”. [*4(c)]

(h) in sub-rule (5), the text “the details relating to the period prior to his opting for payment of tax under section 9 in FORM GSTR 4 till the due date of furnishing the return for the quarter ending September of the succeeding financial year or furnishing of annual return of the preceding financial year, whichever is earlier” substituted with the text beginning with “a statement in FORM GST CMP-08″ and ending with “during which such withdrawal falls”.

(i) Sub-rule (6) inserted. [*4(d)]

4. Amendments from 10/11/2020 vide Notification 82/2020:

(a) in sub-rule (1), the text beginning with “or paying tax by availing” and ending with “the 7th March, 2019” omitted. [*3(b)]

(b) in sub-rule (4), the text beginning with “or by availing the benefit of” and ending with “the 7th March, 2019” omitted. [*3(e)]

(c) in the explanation to sub-rule (4), the text beginning with “or opting for paying tax” and ending with “the 7th March, 2019.” omitted. [*3(g)]

(d) sub-rule (6) omitted. Please refer Notification 20/2019 for text thereof before omission. [*3(i)]

5. Proviso inserted after sub-rule (1), from 10/07/2024 vide Notification 12/2024.