Registered person with turnover up to Rs. 2 crore exempted from filing annual return f

Registered person whose aggregate turnover does not exceed two crore rupees, exempted from filing annual return for that financial year.

Ministry of Finance
(Department of Revenue)
(Central Board of Indirect Taxes and Customs)

New Delhi, the 17th September, 2025

Notification No. 15/2025 – Central Tax

S.O. 4205(E).— In exercise of the powers conferred by the first proviso to sub-section (1) of section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Commissioner, on the recommendations of the Council, in respect of filing of annual return for the financial year 2024-25 onwards, hereby exempts the registered person whose aggregate turnover in any financial year is up to two crore rupees, from filing annual return that said financial year.

[F. No. CBIC-20001/2/2025-GST]

RAUSHAN KUMAR, Under Secy.

• Object of assessment proceedings is not to find empirically correct solution on every fact issue – HC
• Penalty u/s 270A deleted as assessee filed revised computation during scrutiny
• Penalty u/s 271B for unfilled column 40 in Tax Audit Report Form 3CD deleted by ITAT
• Merely ex-parte rectifying computation without amending assessment order not make it nullity- ITAT
• Once assessee discharges primary onus, it shifts to AO to bring evidence to contrary – ITAT