Do we have to file an annual return for the financial year 2018-19.
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Quick Summary
This discussion clarifies the mandatory filing requirements for the GSTR 9 annual return for the financial years 2017-18 and 2018-19. Filing is optional for businesses with an aggregate turnover up to ₹2 crores. However, it remains compulsory for those whose turnover exceeded ₹2 crores during these financial years.
Filing of Annual Return ( GSTR-9 ) for FY 2017-18 and FY 2018-19 has been made "OPTIONAL" for the taxpayers having Aggregate Turnover upto Rs. 2 crores vide Notification No. 47/2019 - Central Tax, dated 09th October 2019 read with Circular No. 124/43/2019 - GST , dated 18th November 2019.
Therefore it is Mandatory only for those taxpayers whose Aggregate Turnover exceeds Rs. 2 crores for FY 2017-18 & FY 2018-19.