Filing of Annual Return ( FORM GSTR-9 ) for the first two financial years of GST i.e. FY 2017-18 and FY 2018-19 has been made "OPTIONAL" for those Taxpayers whose Aggregate Turnover does not exceeds Rs. 2 Crores, vide Notification No. 47/2019 - Central Tax, dated 09.10.2019.
Moreover the CBIC vide Press Release dated 14th March 2020 clarified that no Late Fees will be levied for delayed filing of Annual Return for the FY 2017-18 & FY 2018-19 for those taxpayers having Aggregate Turnover upto Rs. 2 crores.
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