Finance & Law Explained in 2 Minutes
CMP-08 and GSTR-4
Reviewed 2026-07-19Robots: index,followOfficial law prevails
Module in 2 Minutes
Composition eligibility, quarterly payment and annual return.
Legal stack
- CGST Act filing and payment provisions
- Applicable CGST Rules and notified form
- Current due-date notification and extension chain
- GST portal user manual and validation rules
- Circulars governing disclosure, mismatch, refund or annual treatment
Finance-team workflow
- Close source ledgers and master data
- Reconcile invoice and tax ledgers
- Resolve portal-populated differences
- Document adjustments and reversals
- Prepare maker-checker sign-off
- File, pay and archive ARN
- Track amendments, notices and annual bridge
Evidence pack
- Return working and trial balance
- Invoice register and tax codes
- 2A/2B and supplier reconciliation
- E-invoice/e-way bill extracts
- Electronic ledgers and challans
- Filed return, ARN and audit trail
- Exception memo and reviewer sign-off
Practical Q&A
Is the portal-generated value automatically correct?
No. Validate system-populated values against the legal rule and accounting records.
Should due dates be hard-coded?
No. Use the relevant period’s notification and portal status; preserve the source used.
How are amendments controlled?
Maintain an invoice-level change log and bridge the original and amended disclosure.