Difference between GSTR 4 and GSTR 7

GSTR 4 and GSTR 7, a comparison

Difference between GSTR 4 and GSTR 7

What is GSTR 7 and GSTR 4 ? How does GSTR 4 differ from GSTR 7?

 

GSTR 4 is a return under GST that needs to be filed once every 3 months by registered tax payers who have signed up for the composition scheme (those who opt for this scheme are known as compounding vendors). But GSTR 7 is the return that has to be filed with the aid of the tax deductor approximately tax deducted at source.

 

But GSTR 4 has to be filed on 18th of the month succeeding the quarter. But GSTR 7 has to be filed on 10th of the next month

 

GSTR 4 has to be Taxable Person opting for Composition Levy. But GSTR 7 is filed by GST Tax Deductor.

 

Details about GSTR 7 and GSTR 4  mentioned in this web blog. You may click below links for details about GSTR 4 and GSTR7:

 

Mechanism of GSTR 4 under GST returns filing

GSTR 7 under GST returns filing

 

This post explains in brief about difference between GSTR 7 and GSTR 4.

Click here to know GST exemption list of goods or service|

GST rate payable for goods or service, click here

A complete guide for enrolling GST common portal for registration in India

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

How to export your goods? 

Export procedures and documentation

 


No IGST for importation of Commercial Samples and Advertising material, click here

No IGST for re-export of foreign origin film equipment


No IGST for re-export of foreign origin film equipment

No IGST on import through postal below Rs 1000 CIF value


No IGST on import through postal below Rs 1000 CIF value

No IGST payable on import of cameras, TV equipment by a foreign film unit


No IGST payable on import of cameras, TV equipment by a foreign film unit

No IGST payable on movement of aircrafts, helicopters etc.


No IGST payable on movement of aircrafts, helicopters etc.

No IGST payable on personal and household effects belonging to a deceased person


No IGST payable on personal and household effects belonging to a deceased person


No IGST payable on receipt of challenge cups, trophies, prizes by Indian team


No IGST payable on receipt of challenge trophies, cups, prizes by Defence forces

No IGST payable on scientific and technical instruments, apparatus, accessories etc.


No IGST payable on scientific and technical instruments, apparatus, accessories etc.


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