GST News

CBIC rationalizes late fee for delay in filing of return in Form GSTR-3B

02 June 2021 at 07:11

Vide Notification No. 19/2021 – Central Tax, CBIC has rationalized late fee for delay in filing of return in FORM GSTR-3B w.e.f 20th May 2021 and has provided a conditional waiver of late fee for delay in filing FORM GSTR-3B from July 2017 to April 2021.

Posted in GST | 3381 Views

CBIC provides relief by lowering of the interest rate for a specified time for tax periods March 2021 to May 2021

02 June 2021 at 07:03

Vide Notification No. 18/2021 – Central Tax, the Central Board of Indirect Taxes and Customs has provided relief to taxpayers by lowering the interest rate for a specified time for tax periods March 2021 to May 2021, w.e.f 18th May 2021.

Posted in GST | 2196 Views

CBIC amends Rule 36(4) via Central Goods and Services Tax (Fifth Amendment) Rules, 2021

02 June 2021 at 06:54

The Central Board of Indirect Taxes and Customs has released the Central Goods and Services Tax (Fifth Amendment) Rules, 2021 under which, amendments have been made under Rule 26(1) and 36(4) of the CGST Rules 2017.

Posted in GST | 2919 Views

CBIC extends the due date for furnishing of FORM ITC-04 for QE March, 2021 to 30th June 2021

02 June 2021 at 06:50

Vide Notification No. 26/2021 – Central Tax, the Central Board of Indirect Taxes and Customs has extended the due date for furnishing of FORM ITC-04 for QE March 2021 to 30th June 2021.

Posted in GST | 1575 Views

CBIC extends the due date for filing FORM GSTR-4 for the FY 2020-21 to 31st July 2021

02 June 2021 at 06:47

Vide Notification No. 25/2021 – Central Tax, the Central Board of Indirect Taxes and Customs has extended the due date for filing FORM GSTR-4 for the FY 2020-21 to 31st July 2021.

Posted in GST | 1677 Views

CBIC extends due date of compliances which fall during the period from 15th April 2021 to 29th June 2021 till 30th June 2021

02 June 2021 at 06:43

Vide Notification No. 24/2021 – Central Tax, the Central Board of Indirect Taxes and Customs has extended all the due date compliances that fall during the period from 15th April 2021 to 29th June 2021, till 30th June 2021.

Posted in GST | 10497 Views

CBIC excludes government departments and local authorities from the requirement of issuance of e-invoice

02 June 2021 at 06:37

Vide Notification No. 23/2021 – Central Tax, the Central Board of Indirect Taxes and Customs has excluded government departments and local authorities from the requirement of issuance of e-invoice.

Posted in GST | 1626 Views

CBIC rationalizes late fee for delay in filing of return in Form GSTR-7

02 June 2021 at 06:34

Vide Notification No. 22/2021 – Central Tax, CBIC has waived the late fee for delay in furnishing of return in FORM GSTR-7 for the month of June 2021 onwards for an amount that is in excess of one thousand rupees.

Posted in GST | 1647 Views

CBIC extends the due date for filing GSTR-1 for May 2021 by 15 days

02 June 2021 at 06:29

Vide Notification No. 17/2021 – Central Tax, CBIC has extended the due date for furnishing details of outward supplies in Form GSTR-1 for the month of May 2021 from 11th June 2021 to 26th June 2021.

Posted in GST | 2526 Views

Section 112 of the Finance Act 2021, which amends the Interest on Delayed Payment of GST to come into effect from 1st June 2021

02 June 2021 at 06:26

CBIC has appointed 1st June 2021 as the date on which Section 112 of the Finance Act 2021 shall come into force. This section seeks to amend Section 50 of the Central Goods and Services Tax Act, 2017 which relates to Interest on Delayed Payment of GST.

Posted in GST | 9129 Views