The Synthetic & Rayon Textiles Export Promotion Council

CBIC exempts taxpayers having AATO upto Rs. 2 crores from the requirement of furnishing annual return for FY 2020-21

Circular No. ES/122/2021-22                                                      31st July, 2021          

 

To: Members of the Council              

     

SubCBIC exempts taxpayers having AATO upto Rs. 2 crores from the requirement of furnishing annual return for FY 2020-21 

 

Dear Member, 

   

CBIC has issued Notification No. 31/2021 – Central Tax dated 30th July, 2021 by exempting taxpayers having Annual Aggregate Turnover (AATO) upto Rs. 2 crores from the requirement of furnishing annual return for FY 2020-21. 

 

 

This notification shall come into force from 1st August, 2021. 

 

Members are requested to kindly make a note of the above.  

    

Thanking you,    

    

Yours faithfully,    

     

S. BALARAJU    

EXECUTIVE DIRECTOR