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of <h1>India exempts taxpayers with turnover up to Rs. 2 crore from GST annual return filing for FY 2020-21. Effective August 1.</h1> The Government of India, through the Ministry of Finance and the Central Board of Indirect Taxes and Customs, issued Notification No. 31/2021 on July 30, 2021. This notification exempts registered taxpayers with an aggregate turnover of up to two crore rupees in the financial year 2020-21 from the requirement to file an annual return under the Central Goods and Services Tax Act, 2017. This exemption is effective from August 1, 2021.
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