Section 44 of CGST Act, 2017 : Section 44: Annual Return

Explanation using Example

Imagine a scenario where Rajesh owns a manufacturing business and is a registered person under the GST regime. For the financial year 2021-2022, his business had a turnover that exceeded the threshold limit for GST audit. According to Section 44 of the Central Goods and Services Tax Act, 2017, Rajesh is required to file an annual return electronically by the 31st of December 2022. However, due to the impact of a natural calamity, the Commissioner, upon the recommendations of the GST Council, extends the deadline for filing the annual return to the 31st of January 2023. Rajesh must also submit his audited accounts and a reconciliation statement along with the return since his accounts are subject to audit under GST laws.