The 37th GST Council Meeting held on 20th September 2019 introduced some much needed relief to certain industries. Along with that, the Council also sought to introduce some relief to small taxpayers by easing the compliance burden. One of the major reliefs was doing away with the requirement to file Annual Return in Form GSTR-9, for taxpayers with annual turnover less than Rs. 2 Crores in the FY 2017-18 and FY 2018-19. This was a welcome announcement for almost 75% registered taxpayers who fall under the category.
Read more on: https://taxguru.in/goods-and-service-tax/option-file-gstr-9-small-taxpayers.html
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