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The Central Government makes the filing of the annual return optional for small taxpayers for the financial years 2017-18 and 2018-19. This rule applies to registered persons whose aggregate turnover does not exceed two crore rupees. The registered person must not furnish the annual return before the due date. The return is deemed to be furnished on the due date if the person does not furnish it before the due date.
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[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]
Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs
Notification No. 47/2019 – Central Tax
New Delhi, the 9^th^ October, 2019
G.S.R......(E).— In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government, on the recommendations of the Council, hereby notifies those registered persons whose aggregate turnover in a financial year does not exceed two crore rupees and who have not furnished the annual return under sub-section (1) of section 44 of the said Act read with sub-rule (1) of rule 80 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules) before the due date, as the class of registered persons who shall, in respect of financial years 2017-18 and 2018-19, follow the special procedure such that the said persons shall have the option to furnish the annual return under sub-section (1) of section 44 of the said Act read with sub-rule (1) of rule 80 of the said rules:
Provided that the said return shall be deemed to be furnished on the due date if it has not been furnished before the due date.
[F. No. 20/06/07/2019-GST]
(Ruchi Bisht) Under Secretary to the Government of India
