Learn everything about Form CMP-08, including who should file, due dates, penalties for late filing, and step-by-step filing instructions for the fiscal year 2025-26.
What is Form CMP-08?
Who Should File CMP-08?
Due Date for Filing Form CMP-08
Penalties for Late Filing
Filing Procedure for CMP-08
FAQs on Form CMP-08
Form CMP-08 is a quarterly statement-cum-challan for composition dealers under GST.
Purpose of Form CMP-08
Form CMP-08 serves as both a statement and a challan for tax payment.
Introduced in April 2019 to simplify compliance for composition dealers.
Replaces the quarterly GSTR-4 for composition dealers.
Used to declare self-assessed tax payable for a quarter.
Key Features
Understanding the essential features of Form CMP-08.
Applicable to businesses under the GST Composition Scheme.
Must be filed quarterly by the 18th of the month following the quarter.
Designed to ease the tax filing process for small businesses.
Eligibility criteria for filing Form CMP-08.
Eligible Taxpayers
Taxpayers who must file Form CMP-08.
Manufacturers and retailers with an annual turnover up to ₹1.5 crore.
Service providers with turnover up to ₹50 lakh under Notification No. 2/2019.
Excludes manufacturers of ice cream, pan masala, and tobacco.
Exclusions
Categories of taxpayers not eligible for filing CMP-08.
Persons making inter-state supplies.
Casual taxable persons or non-resident taxable persons.
Suppliers of goods through e-commerce operators.
Timelines for filing Form CMP-08 for FY 2025-26.
Quarterly Filing Deadlines
Specific due dates for each quarter.
For Apr-Jun 2025, file by 18th July 2025.
For Jul-Sep 2025, file by 18th October 2025.
For Oct-Dec 2025, file by 18th January 2026.
Example Calculation
Illustration of timely filing benefits.
Filing on time avoids late fees of ₹200 per day.
Timely filing ensures uninterrupted e-way bill generation.
Example: Filing by 18th April 2026 for Jan-Mar 2026 quarter.
Consequences of not filing CMP-08 on time.
Late Fee Structure
Details of penalties for delayed filing.
₹200 per day of delay, split as ₹100 under CGST and ₹100 under SGST.
Maximum late fee capped at ₹5,000.
E-way bill generation blocked after two consecutive missed filings.
Unblocking E-way Bills
Steps to unblock e-way bills after penalty.
Apply to jurisdictional tax official using Form GST EWB 05.
File all pending CMP-08 forms for previous quarters.
Ensure compliance to avoid future blocks.
Step-by-step guide to filing Form CMP-08.
Initial Steps
Starting the CMP-08 filing process.
Log in to the GST portal with your credentials.
Navigate to the CMP-08 filing section under the 'Services' tab.
Enter your GSTIN details to auto-fill basic information.
Filing Details
Completing the CMP-08 form.
Enter the turnover details for the quarter.
Calculate the tax payable and enter the amount.
Submit the form and make the payment through the portal.
What is the GST Composition Scheme?
The GST Composition Scheme is designed for small taxpayers to reduce compliance burden. Businesses with a turnover of up to ₹1.5 crore can opt for this scheme, paying a fixed percentage of turnover as tax.
Can I file CMP-08 offline?
No, CMP-08 must be filed online through the GST portal. The process involves logging in, filling out the form, and making the necessary tax payment electronically.
What happens if I miss the CMP-08 filing deadline?
Missing the deadline incurs a late fee of ₹200 per day, up to a maximum of ₹5,000. Additionally, e-way bill generation will be blocked after two consecutive missed filings.
How do I calculate the tax payable in CMP-08?
Calculate the tax by applying the composition tax rate to your quarterly turnover. For example, if your turnover is ₹50 lakh, and the rate is 1%, your tax payable is ₹50,000.
Is there a penalty for incorrect details in CMP-08?
Yes, incorrect details can lead to penalties. It's crucial to ensure accuracy in the turnover and tax payable figures to avoid any legal consequences.
Can I revise CMP-08 after submission?
No, once CMP-08 is submitted, it cannot be revised. Ensure all details are correct before submission to avoid errors.
What is the tax rate under the Composition Scheme?
The tax rate varies: 1% for manufacturers and traders, and 6% for service providers under the scheme, subject to conditions.
How does CMP-08 differ from GSTR-4?
CMP-08 is a quarterly statement-cum-challan for tax payment, while GSTR-4 is an annual return filed by composition dealers.
What documents are needed for CMP-08 filing?
You'll need your GSTIN, turnover details, and tax calculation for the quarter. Ensure all records are accurate and up-to-date.
How can I check the status of my CMP-08 filing?
Log in to the GST portal, navigate to the 'Returns' section, and check the status of your CMP-08 filing under 'Filed Returns'.