The CBIC vide Notification No. 47/2019 dated October 09, 2019 has issued an order to give effect to the recommendation of the GST Council.
It was notified that, 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 CGST Act read with sub-rule (1) of rule 80 of the CGST Rules, 2017 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.
Read Notification:Notification No. 47-2019 – Central Tax
