The CBIC has notified that small taxpayers with an aggregate annual turnover (AATO) of up to Rs 2 crore are exempt from filing the annual GST return for the financial year (FY) 2021-22.
CBIC Central Tax Notification 10/2022 dt. 05/07/2022: Annual GST Return Exemption FY 2021-22 for Taxpayers with a Turnover of up to Rs 2 crore
G.S.R. ..(E).- In exercise of the powers conferred by the first proviso to section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Commissioner, on the recommendations of the Council, hereby exempts the registered person whose aggregate turnover in the financial year 2021-22 is up to two crore rupees, from filing annual return for the said financial year.
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