The CBIC has exempted small businesses registered under GST from filing the GSTR-9 Annual Return for the financial year 2023-24 if their aggregate turnover is up to Rs 2 crore. GSTR-9 is a form to be filed by normal taxpayers, including SEZ units or developers, and those transitioning from the composition scheme. However, certain categories like composition scheme dealers, casual taxable persons, non-resident taxable persons, Input Service Distributors, and those required to deduct/collect tax at source are not exempt. The form can be filed online or offline.
Source A2ztaxcorp
