MSME taxpayers with turnover upto Rs. 2Cr exempted from filing annual GST return for FY24. Easing compliance burden.

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....This notification exempts registered persons with aggregate turnover up to Rs. 2 crores in FY 2023-24 from filing annual return for said financial year. Issued by Central Board of Indirect Taxes and Customs, Ministry of Finance, under powers conferred by section 44 of Central Goods and Services Tax Act, 2017, on recommendations of GST Council.....