Exemption from Filing Annual Return – FY 2022-23 (Turnover up to ₹2 Crore)

Notification No.: 32/2023 – Central Tax
Date of Notification: 31st July 2023

Relevant Sections and Rules:

• Central GST Act, 2017:
  • Section 44 (First Proviso) – Power to exempt certain classes of registered persons from filing annual return

Summary of Notification:

1. This notification exempts registered persons with an aggregate turnover up to ₹2 crore in FY 2022-23 from filing the annual return in FORM GSTR-9 under Section 44 of the CGST Act.
2. The exemption is a continuation of the annual relief given to small taxpayers to reduce compliance burden.
3. Taxpayers above the threshold of ₹2 crore must mandatorily file annual return (GSTR-9).

Source: Notification No.: 32/2023 – Central Tax