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of <h1>Maharashtra Makes MGST Annual Returns Optional for Small Taxpayers with Turnover Under 2 Crores for FY 2019-20.</h1> The Government of Maharashtra has amended its previous notification to make the filing of annual returns under section 44(1) of the Maharashtra Goods and Services Tax (MGST) Act for the financial year 2019-20 optional for small taxpayers. This applies to those with an aggregate turnover of less than 2 crores who have not filed the return by the due date. This amendment extends the optional filing provision, previously applicable for financial years 2017-18 and 2018-19, to include 2019-20. The notification was issued by the Finance Department on October 23, 2020.
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