Exempt taxpayers having AATO upto Rs. 2 crores from the requirement of furnishing annual return for FY 2020-21


Quick Summary
The Central Board of Indirect Taxes and Customs has issued a notification exempting taxpayers whose aggregate turnover was up to ₹2 crore in the financial year 2020-21 from filing their annual GST return. This exemption comes into effect from 1st August 2021. This measure aims to simplify compliance for smaller businesses.

Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 31/2021 Central Tax New Delhi, the 30th July, 2021 G.S.R......(E). In exercise of the powers conferred by the first proviso to section 44 of the Central Goods and Ser
Daily Limit Reached

You have reached your daily limit of 2 Free Notice & Circular

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited Notice & Circular Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
BEST VALUE
2 YEAR PLAN
3,499
(Excl. of GST ₹629)
1 YEAR PLAN
1,999
(Excl. of GST ₹359)

3 MONTHS PLAN
999
(Excl of GST ₹179)
View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

Registered persons whose aggregate turnover in the financial year 2020-21 was up to ₹2 crore are exempt from filing the annual return.

The aggregate turnover limit for exemption is up to ₹2 crore for the financial year 2020-21.

This notification comes into force from the 1st day of August 2021.

This exemption applies to the financial year 2020-21.

The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, Government of India, issued this notification.

 

Comments



CCI Pro





Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details