GSTR 4 and GSTR 7, a comparison
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.
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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.