The Government has recently enabled SMS filing for certain Nil returns. From now on, composition dealers can file Nil CMP-08 via SMS. Previously, filing of Form GST CMP-08 could be done only on the GST portal. A GST CMP-08 is a quarterly statement-cum challan used by composition dealers to declare the self-assessed tax payable. In this article, you will be able to understand:
A GST CMP-08 is considered to be a Nil CMP-08 when the Taxpayer does NOT have any:
To file a Nil GST CMP-08 through SMS:
* The mobile number of one authorised signatory registered on the GST Portal for a relevant GSTIN cannot be the same as the mobile number of another authorised signatory for the same GSTIN.
► Step 1: Send SMS The Taxpayer has to send an SMS to ‘14409” from the registered mobile number. Message text: NIL <space> 08 <space> GSTIN <space> Tax Period Note:
Example: For the quarter ended 30 September 2020, the message will be: NIL 08 XXXXXXXXXXXZX 092020
► Step 2: Validate OTP Once the SMS is sent, the Taxpayer will receive a 6 digit One Time Password (OTP) on the same registered mobile number which will be valid only for 30 minutes. This OTP needs to be validated by resending another message to ‘14409”. Message text: CNF <space> 08 <space> CODE Example: If the verification code received is 123456, then the SMS text will be: CNF 08 123456.
► Step 3: Receive ARN Once the OTP is validated, the Taxpayer will receive the Application Reference Number (ARN) on the same mobile number and registered email address confirming that the Nil GST CMP-08 is successfully filed.
😄Hello. Welcome to Masters India! I'm here to answer any questions you might have about Masters India Products & APIs. What brings you to our website today?
E-Way Bill Software
BOE TO Excel Conversion
Accounts Payable Software
Invoice OCR Software/APIs
GST Verification API
E-Way Bill API
KSA E-Invoice APIs
Vendor Verification API