Fy.20-21 Gst Audit 9-c and Annual ret. limit

For annual return gstr 9 turnover limit is 2 crores rupees and for reconciliation statement gstr 9c turnover limit is 5 crores rupees if turnover is between 2 crores and 5 crores rupees then you have to file gstr 9 mandatory and gstr 9c is optional in that case but if turnover is greater than 5 crores rupees then both 9 and 9c is compulsory

I agree with Sourav ji for till date but we should further wait for notifications as in finance bil 2021 . substitution of new section for section 44.
44 every registered person . other than an input service distributer , a person paying tax under section 51 or section 52, a causal taxable taxable person and non resident taxable person shall furnish an annual return which may include a self certified reconciliation statement, reconcile the value of the supplies declared the returns furnished for the financial year , with the audited annual financial statements every year . within such form and in such. manner as may be prescribed

For FY 2019-20...limit of 2 Cr for GSTR 9 and 5 Cr for GSTR 9C applicable.
For FY 2020-21 we hould further wait for notification

GSTR-9 & GSTR-9C Reporting Requirements for FY 2019-20
Recently financial budget 2021 has proposed to omit the provision section 35(5) and amend the section 44 of CGST Act, 2017. After acceptance of bill by president of India GST audit need not to file. Recently CBIC clarified through retweet on tweeter that ‘Section 35 and 44 of CGST Act are proposed to be amended in Finance Bill, 2021. However, these proposals will come into effect from a date to be notified later. For FY 2019-20, the existing provisions shall continue.

Form GSTR-9 is an annual return which is required to be filed as per section 44 read with rule 80(1) of CGST rules, 2017. Initially annual return was required to be filed by every registered person irrespective the amount of turnover. Thereafter CBIC issued Notification No. 47/2019 and 77/2020- Central Tax gives benefit of optional filing of annual return for registered person whose aggregate turnover in a financial year does not exceed Rs 2 crore, for F.Y. 2017-18, F.Y. 2018-19 and FY 2019-20 as well.

GSTR-9C

Form GSTR-9C is a statement of reconciliation between the annual return GSTR-9 filed and the amount as per the audited financial statement of the taxpayer. GSTR-9C is required to file by the taxpayer as per section 35(5) read with rule 80(3) of CGST rules, 2017. Initially annual return was required to be filed by every registered person having turnover exceeding Rs. 2 Cr. Thereafter CBIC issued Notification No. 16/2020- Central tax dated 23rd March, 2020 to revise the threshold limit to Rs. 5 Cr. For F.Y. 2018-19 & onwards.