CBIC issued a notification regarding the

Jul 11, 2024 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00

Finance & Taxation Compliance The Central Board of Indirect Taxes and Customs, (CBIC) on July 11, 2024, issued a notification regarding the exemption of registered persons in the financial year 2023-24.

In exercise of the powers conferred by the first proviso to section 44 of the Central Goods and Services Tax Act, 2017, the Commissioner, on the recommendations of the Council, hereby exempts the registered person whose aggregate turnover in the financial year 2023-24 is up to two crore rupees, from filing annual return for the said financial year.

[Notification No. 14/2024 – Central Tax]

View Document 1