G.S.R. (E) - Special Procedure for Annual Return Filing:

Authority: Exercised under section 148 of the Central Goods and Services Tax Act, 2017.

Scope: Applicable to registered persons with turnover under two crore rupees, who missed filing annual returns for 2017-18 and 2018-19.

Procedure: These individuals can now opt for a special procedure to submit their annual returns under section 44 of the Act.

Deemed Submission: If not filed before the due date, the return will be considered submitted on time.

Issuing Authority: Signed by Ruchi Bisht, Under Secretary to the Government of India.

Compliance Importance: Helps eligible entities fulfill their tax obligations conveniently.

Note: Adhering to tax deadlines remains crucial despite the special procedure option. This notification aims to facilitate compliance for eligible taxpayers, ensuring smoother adherence to GST regulations.