The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 15/2025 – Central Tax, dated September 17, 2025, providing relief to small taxpayers under the Goods and Services Tax (GST).
As per notification, in exercise of powers under the first proviso to Section 44(1) of the CGST Act, 2017, the Commissioner, on recommendations of the GST Council, has announced that registered persons with an aggregate turnover up to ₹2 crore in any financial year shall be exempted from filing the annual return for that financial year.
Key Highlights of the Notification:
- Applicability: Effective for the financial year 2024-25 onwards.
- Beneficiaries: Registered persons with aggregate turnover up to ₹2 crore.
- Relief Granted: Exemption from filing annual GST return (Form GSTR-9) for the said financial year.
This move is aimed at reducing compliance burden on small taxpayers and aligning with the government’s ongoing efforts to simplify GST procedures.
The Notification can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2025/09/No.-15-2025-–-Central-Tax.pdf
