The invention relates to a low-carbon ultra-deep punching cold-rolling steel sheet and a production method thereof, belonging to the technical field of steel smelting and calendaring. The steel sheet comprises the following chemical components in weigh percentage: 0.006%-0.012% of C, 0.15%-0.20% of Mn, 0.030%-0.070% of Als, 0.015% of Si or less, 0.012% of P or less, 0.010% of S oe less, not more than 0.0030% of N or less, 0.0035% percent of O or less and the balance of Fe and inevitable impurities. Based on a ZSP sheet blank continuous casting and rolling process, the production method comprises the following working procedures of steel smelting, continuous casting, heating, hot rolling, cooling and curling, acid washing and cold rolling, and annealing and flattening. The steel sheet has excellent mechanical property and stamping forming property and simple chemical component and is suitable for punching products needing ultra-deep punching, such as fuel tank caps of automobiles; and the production method has the advantages of easy operation, low production cost, energy saving and consumption reduction and is beneficial to generalization and application.