CBIC notifies exemption from filing annual return for the financial year 2020-21 in the cases where the registered person has aggregate annual turnover of upto Rs. 2 crores in the said financial year, applicable w.e.f. 01/08/2021.
CBIC Central Tax Notification 31/2021 dt. 30/07/2021: Exemption from filing Annual GST Return for FY 2020-21
G.S.R. 518(E).- In exercise of the powers conferred by the first proviso to section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Commissioner, on the recommendations of the Council, hereby exempts the registered person whose aggregate turnover in the financial year 2020-21 is upto two crore rupees, from filing annual return for the said financial year.
2. This notification shall come into force from 01/08/2021.