GST Exemption from filing Annual return FY 24-25 upto Turnover of Rs 2 Crore : NOTIFICATIONNo.15/2025–CentralTax Dated 17 th day of September2025
Based on the NOTIFICATIONNo.15/2025–CentralTax , businesses with an aggregate turnover of up to ₹2 crore for the financial year 2024-25 and onwards are exempt from filing an annual return under the Central Goods and Services Tax (CGST) Act, 20171.
Key Details of the Notification
- Exemption from Filing: The notification exempts registered persons from the requirement to file an annual returnApplicable Financial Year: This exemption applies for the financial year 2024-25 and subsequent financial years
- Turnover Limit: The exemption is for registered persons whose aggregate turnover in a financial year is up to ₹2 crore
- Issuing Authority: The notification was issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs. It was published in the Gazette of India on September 17, 2025
NOTIFICATION
New Delhi, the 17th September, 2025
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.
Download Notification Click here