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<h1>Small Businesses Can Opt for Quarterly GST Returns Starting Jan 2021; Conditions Apply for Turnover and Filing History.</h1> Notification No. 84/2020, issued by the Central Board of Indirect Taxes and Customs, allows registered persons with an aggregate turnover of up to five crore rupees in the preceding financial year to opt for quarterly GST returns starting January 2021. To qualify, the return for the preceding month must be filed, and once opted, the choice remains unless revised. If turnover exceeds five crore rupees during a quarter, quarterly returns are not allowed from the next quarter. Registered persons can change their default option electronically between December 5, 2020, and January 31, 2021. The notification specifies deemed options based on past filing patterns.