A crucial quarterly return form for taxpayers who have chosen to participate in the GST Composition Scheme is Form CMP 08. This form is intended to make the tax filing process easier for small firms by enabling them to disclose and pay a predetermined proportion of their turnover as tax, starting with the fiscal year 2019–2020. By reducing the complexity of routine GST filings, the Composition Scheme seeks to free up these companies to concentrate more on their core competencies.
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What is Form CMP-08?
Under the GST composition scheme, Form GST CMP-08 is a particular return form intended for specific taxpayers, often known as “specified persons.” They can use this form to report the specifics of their quarterly self-assessed tax burden. It functions as both a payment challan and a statement for their quarterly tax liabilities.
These taxpayers are required to make yearly returns using Form GSTR-4 in addition to Form GST CMP-08. The deadline for filing this yearly return is April 30 after the fiscal year ends.
CMP-08 Full Form
In relation to the Goods and Services Tax, the full name of CMP-08 is Composition Levy Statement-cum-Challan.
Who Must Submit a GST CMP 08 Form?
Taxpayers who should file CMP-08 include those registered under the GST composition scheme, which is designated for specific types of small taxpayers to simplify their tax obligations by allowing them to pay a fixed percentage of their turnover as GST. These taxpayers are generally categorized into two groups based on the nature of their business and annual turnover:
Supplier of Goods
Businesses That Qualify
shops and manufacturers with a combined yearly revenue of up to Rs. 1.5 crore (or Rs. 75 lakhs for states in the special category, excluding Uttarakhand and Jammu & Kashmir).
Manufacturers of items such as pan masala, ice cream, edible ice (with or without chocolate), tobacco, and manufactured tobacco alternatives are an exception.
companies that produce supplies beyond state lines.
Suppliers who sell goods are exempt from the GST statute.
non-resident taxable persons or casual taxable persons.
companies that use e-commerce operators to supply goods.
Supplier of Services
- Eligibility: Service providers meet the criteria outlined in Notification Number 2/2019 Central Tax (Rate) dated 7 March 2019, with an annual aggregate turnover of up to Rs. 50 lakh in the previous financial year.
These taxpayers must file GST CMP 08 quarterly to report and pay their GST based on self-assessed turnover calculations.
Due Date for GST CMP 08
Under the GST composition scheme, taxpayers are required to file Form CMP-08 by certain deadlines. The 18th day after the end of each quarter is the deadline for submitting this form, which provides an overview of their self-assessed tax burden. The deadlines for the fiscal year 2024–2025 are as follows:
Due Date for the Quarter
Quarter 1: April–June 2024–July 18, 2024
Quarter Two: July–September 2024–October 18, 2024
Quarter Three: October through December 2024–January 18, 2025
Fourth Quarter: January–March 2025–April 18, 2025
Penalty for CMP 08 Late Filing
A taxpayer will be penalized for late filing of CMP-08 if they do not file Form CMP-08 by the deadline.
Penalty for CMP 08 Late Filing: There is a 200 rupee late fine for every day of delay, which is divided into 100 rupees for CGST and 100 rupees for SGST.
The penalty for late CMP 08 filing under IGST is Rs. 200 per day, which is the same as the penalty for CGST and SGST.
Maximum Late Fee: From the beginning of the due date to the actual filing date, the maximum penalty for late filing of CMP 08 is Rs. 5,000.
Repercussions of Consistently Not Filing
E-way bill generation is blocked if CMP-08 is not filed for two consecutive quarters.
To unblock the e-way bill generation, taxpayers must apply to their jurisdictional tax official using Form GST EWB 05.
Taxpayers may also need to file all pending forms for previous quarters to resolve the issue related to the Penalty for Late Filing of CMP 08.
Key Information Required for Filing Form CMP-08
To properly complete GST CMP 08, taxpayers registered under the GST composition scheme need to provide the following information:
GSTIN Details: The taxpayer must start by entering their Goods and Services Tax Identification Number (GSTIN).
Legal and Trade Name: These fields will be auto-populated based on the GSTIN provided. It includes the business’s legal name as registered under GST and the trade name if applicable.
Summary of Self-Assessed Tax Liability
Outward Supplies: Details of outward supplies made during the quarter on which tax is payable.
Inward Supplies on Reverse Charge: Details of inward supplies on which tax is payable under the reverse charge mechanism.
Imports: Information on imported goods and/or services, if applicable.
Tax Payable: The total amount of tax payable on the above supplies.
Interest: Any interest due on late payments or other defaults during the quarter should also be reported.
ARN and Date of Filing: After the tax is paid, the Application Reference Number (ARN) and the date of filing will be generated, which should be noted in the form.
Verification: The taxpayer must verify all the details entered in the form are correct and sign off on the document to confirm accuracy and completion.
Note:
- Filing ‘NIL’ Returns: If there is no tax liability for the quarter, taxpayers can file a ‘NIL’ return. This can be done via SMS, making the process simpler for those with no taxable transactions to report.
How to File GST CMP 08?
How to file GST CMP 08 (payment of self-assessed tax) on the GST portal:
Step 1: Access the Form CMP 08
- Log into the GST portal. Navigate to the Return Dashboard and click on the CMP-08 tile.
- Select the relevant financial year and the filing period for the quarter.
- Click ‘SEARCH’, then select ‘PREPARE ONLINE’ to complete the CMP-08 form.
Step 2: Enter Tax Liability Details
- In Table 3 of the CMP-08 form, input the summary figures for the value of supplies and the tax payable for the three-month period.
- Enter any interest due if the CMP-08 submission is delayed beyond the due date.
- If applicable, select the ‘File Nil GST CMP-08’ checkbox if:
- There are no outward supplies and thus no tax payable.
- There is no output tax liability from inward supplies subject to reverse charge (including imported services).
- There are no other tax liabilities.
- Click ‘SAVE’ to store the entered details.
Step 3: Review the Form
- Click on ‘PREVIEW DRAFT GST CMP-08’ to check the accuracy of the information entered.
Step 4: Make Payment and File
Make the necessary payment using the balance in your electronic cash ledger or create a challan for payment via NetBanking or NEFT if the balance is insufficient
Confirm the submission by agreeing to the declaration, then submit CMP-08 using an Electronic Verification Code (EVC) or Digital Signature Certificate (DSC).
You will receive a confirmation message and an Acknowledgment Receipt Number (ARN) upon successful filing. Your registered contact information will additionally get notifications of the filing by email and SMS.
Conclusion: Under the GST composition system, Form CMP-08 is a crucial tool for taxpayers as it offers a simplified way to report and pay GST based on a predetermined proportion of turnover. To prevent fines and guarantee efficient financial operations, these taxpayers must strictly follow the quarterly deadlines. Transparency and simplicity in handling tax responsibilities are guaranteed by the systematic filing procedure, which includes comprehensive procedures on the GST portal.
INDTAX FILINGS can help you file Form CMP-08 and other GST returns.
About Areeb Abbasi, the Author
Areeb Abbasi is a skilled writer who has a talent for distilling complex legal ideas into understandable, practical guidance. By giving them the information they need to understand the nuances of business rules, his publications enable entrepreneurs to launch and run their companies successfully.
Last updated: April 18, 2025
