Annual return exemption for eligible taxpayers with low aggregate turnover granted for the specified financial year, relieving filing obligation. Exemption from annual return filing is provided for registered persons whose aggregate turnover in the financial year 2020-21 does not exceed two crore rupees, under the first proviso to section 44 of the Central Goods and Services Tax Act, 2017. The Commissioner, on Council recommendations, exempts eligible taxpayers from furnishing the annual return for FY 2020-21, with the exemption commencing from the 1st day of August, 2021.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Annual return exemption for eligible taxpayers with low aggregate turnover granted for the specified financial year, relieving filing obligation.
Exemption from annual return filing is provided for registered persons whose aggregate turnover in the financial year 2020-21 does not exceed two crore rupees, under the first proviso to section 44 of the Central Goods and Services Tax Act, 2017. The Commissioner, on Council recommendations, exempts eligible taxpayers from furnishing the annual return for FY 2020-21, with the exemption commencing from the 1st day of August, 2021.
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