ITC 04 filing for 2nd quarter

With effect from 1st October 2021, it is a half-yearly and yearly form as follows:

(1) Those with an annual aggregate turnover of more than Rs.5 crore – Half-yearly from April-September- due on 25th October and October-March due on 25th April.

(2) Those with an annual aggregate turnover of up to Rs.5 crore – Yearly from FY 2021-22 due on 25th April.

It means we dont need to file ITC 04 now, if turnover is less than 5 crore in py

Yes you're right