Filing of Annual Return becomes optional to small taxpayer(Turnover ≤ 2 Crore) for the period 2017-18 & 2018-19
As per Notification No. 47/2019 Central Tax , The registered persons whose aggregate turnover in a financial year does not exceed 2 Crores and who have not furnished annual return under sec 44(1) of Central Goods and Services Tax Act, 2017 read with Rule 80(1) Central Goods and Services Tax Rules, 2017, before the due date for the period 2017-18 and 2018-19, shall have option to furnish Annual Return.
However such Annual return shall be deemed to be furnished if such return has not been furnished before the Due Date.