GSTR 2 and GSTR 4, compare

GSTR 2 and GSTR 4, compareDifference between GSTR 2 and GSTR 4

What is GSTR 4 and GSTR 2 ? How does GSTR 2 differ from GSTR 4?

 

GSTR 2 is auto-populated from the GSTR-1s filed by way of the corresponding suppliers of the Taxpayer except for a few fields like imports, and purchases from unregistered suppliers, while The 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).

GSTR 2 has to be filed on 15th of the next month, but GSTR 4 has to be filed on 18th of the month succeeding the quarter

 

A GST registered person has to file GSTR 2, whereas GSTR-4 is a GST Taxable Person opting for Composition Levy has to file GSTR 4.

Details about GSTR 4and GSTR 2 mentioned in this web blog. You may click below links for details about GSTR 2 and GSTR 4:

 

Mechanism of GSTR 4 under GST returns filing

What is GSTR2?

 

This post explains in brief about difference between GSTR 4 and GSTR 2.

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GST slab rate on Vacuum flasks, vacuum vessels and parts

GST slab rate on vegetable fibres and yarns such as flax, true hemp, paper yarn

GST slab rate on, sale or purchase of Natural gums, resins, gum resins and oleoresins

GST slab rate on, sale or purchase of Natural gums, resins, gum resins and oleoresins

GST tariff on aerated water, mineral water, non-alcoholic beverages (HSN Chapter 22)

GST Tariff rate for Cotton and Cotton articles

GST tariff rate on Articles of artificial fur

GST tariff rate on Builders’ joinery and carpentry of wood

GST tariff rate on Builders’ joinery and carpentry of wood

GST Tariff rate on Cotton and Cotton articles (HSN Chapter 52)

GST tariff rate on Instruments and used in medical, surgical, dental or veterinary sciences appliances business

GST tariff rate on Plates, sticks, tips and the like for tools, unmounted, of cermet business

GST tariff rate on purchase or sale of Extracts, essences and concentrates of tea or mate

GST tariff rate on purchase or sale of Textile fibre preparing machine

GST tariff rate on purchase or sale of Waffles and wafers coated with chocolate or containing chocolate

GST tariff rate on Rye in unit container, branded

GST tariff rate on sale or purchase of Brushes

GST tariff rate on sale or purchase of Curtains and interior blinds, bed valances

GST tariff rate on sale or purchase of Pens, Pencils, crayons, pastels, chalk

GST tariff rate on sale or purchase of Pre Cast Concrete pipes

GST tariff rate on Sugar under HSN 1702

GST tariff rate on Tobacco, cigarettes, cheroots, tobacco products (HSN Chapter 24)

GST tariff rate payable for sale of Toys, sports and games accessories

GST tariff rate payable on sale of Toys, sports and games accessories (HSN Chapter 95)

GST tax for Feather articles and prepared feathers

GST tax on Feather articles and prepared feathers (HSN Chapter 67)

GST tax on Soap, lubricating preparations, washing preparations etc. (HSN Chapter 34)

GST tax payable on saddlery products, articles of animal gut, leather articles (HSN Chapter 42)

GST taxable rate on Dried, salted fish fit for human consumption business

GST taxable rate on Fabrics of manmade textile materials

GST taxable rate on Fabrics of wool or of animal hair business

GST taxable rate on Fork-lift trucks

GST taxable rate on Machines and appliances for testing the hardness, strength, compressibility

GST taxable rate on purchase or sale of accessories

 

 


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