I want to know what is the thresholds limit of filling GST Annual Return 19-20
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Quick Summary
For the 2019-20 financial year, filing the GSTR-9 Annual Return is optional for taxpayers with an aggregate turnover up to Rs. 2 crores, as per Notification No. 77/2020. However, if your turnover exceeds Rs. 2 crores, filing GSTR-9 is mandatory. Additionally, GSTR-9C filing becomes mandatory if your aggregate turnover surpasses Rs. 5 crores.
As per Notification No. 77/2020 - Central Tax, dated 15th October 2020, Filing of GSTR-9 ( Annual Return ) U/s 44 of the CGST Act 2017 for FY 2019-20 has been made "OPTIONAL" for the small taxpayers having aggregate turnover upto "Rs. 2 crores."
Hence if your aggregate turnover is upto Rs. 2 crores, then it is OPTIONAL for you to file Annual Return for FY 2019-20. And if your aggregate turnover is more than Rs. 2 crores, then it is Mandatory to file FORM GSTR-9.