Filing of GST Annual Return for FY 2020-21 Exempted for Taxpayers Having Turnover up to 2 Crores
The Notification bearing no. 31/2021–Central Tax dated 30 July 2021, issued by the Central Board of Indirect Taxes and Customs (CBIC) under the first proviso of section 44 of the Central Goods and Services Tax Act, 2017, has exempted registered persons with aggregate turnover up to 2 crores in the financial year 2020-21 from filing of GST annual return. The said notification has come into force from 1 August 2021 and has exempted the return for one more financial year. However, the taxpayers whose turnover is up to 2 crore rupees can still file the Annual Return in Form GSTR-9 on voluntary basis.
 Notification No. 31/2021 – Central Tax dated 30 July, 2021 https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-31-central-tax-english-2021.pdf;jsessionid=CDB72FDF0A122FD4B9B0B8F3CCC69C36
 Taxmann, V. (2021). Exemption from filing GST annual return for FY 2020-21 for taxpayers having turnover up to 2 crores: Notification. https://www.taxmann.com/post/blog/exemption-from-filing-gst-annual-return-for-fy-2020-21-for-taxpayers-having-turnover-up-to-2-crores-notification/