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Annual return 18 -19

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Mebawansuk Nongkynrih

163 Points Posted on 05 January 2021

Sir
do i have to file an annual return for 18-19 when the annual turn over is less than 10 lakhs..

Replies (6)

Quick Summary

For the financial year 2018-19, filing the GST annual return (Form GSTR-9) is optional for businesses with an aggregate turnover of up to £2 crore. This is in line with government notifications and circulars. If you choose not to file, it will be deemed as filed on the due date. The due date for the 2018-19 annual return was extended to 31st March 2021.

RAJA P M

"Do the Right Thing...!!!"

128157 Points Posted on 05 January 2021

Yes... You can file.
but it's not mandatory...

Tajinder

Assistant

83 Points Posted on 05 January 2021

Filing of anual return gstr9 is optional upto turnover limit of rs 2 crore

Shivam RC

Student

23693 Points Posted on 05 January 2021

As per Notification No. 47/2019 - Central Tax, dated 09th October 2019 read with Circular No. 124 - GST, dated 18th November 2019, Filing of GST Annual Return ( FORM GSTR-9 ) for FY 2017-18 & FY 2018-19 has been made "OPTIONAL" for taxpayers having aggregate turnover upto Rs. 2 crores. It shall be "deemed to be filed" on the "DUE DATE" if not filed by the taxpayer on account of it being optional for them.

Since your Annual Aggregate Turnover is less than Rs. 2 crores, you are not required to file FORM GSTR-9. Also note that in the Circular it was clearly mentioned that "No one will be allowed to file Annual Return after the due date [ Due Date : 31st December 2020 ]."