Exemption from Filing GSTR-9 – FY 2023-24 (Turnover ≤ ₹2 Crore)

Notification No.: 14/2024 – Central Tax
Date of Notification: 10th July 2024

Relevant Sections and Rules:

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

Summary of Notification:

1. This notification exempts registered persons having an aggregate turnover up to ₹2 crore in the financial year 2023-24 from filing the annual return in FORM GSTR-9 under Section 44 of the CGST Act, 2017.
2. The exemption continues the relief granted in previous years, thereby reducing the compliance burden on small taxpayers.
3. Taxpayers whose turnover exceeds ₹2 crore in FY 2023-24 must mandatorily file the annual return.

Source: Notification No.: 14/2024 – Central Tax