CBIC issues notifications related to Central Tax, Integrated Tax and Union Territory Tax under GST

Circular No. ES/67/2021-22                                                                        2^nd June, 2021  

IMPORTANT

To: Members of the Council             

Sub.: CBIC issues notifications related to Central Tax, Integrated Tax and Union Territory Tax under GST

Dear Member,    

We would like to inform you that the Central Board of Indirect Taxes and Customs (CBIC) has issued notifications relating to Central Tax, Integrated Tax and Union Territory Tax under GST.

The details are given here-below:

CENTRAL TAX NOTIFICATIONS

1. Notification No.16/2021-Central Tax dated 01.06.2021:

CBIC appoints 1^st June, 2021 as the day from which the provisions of section 112 of Finance Act, 2021, relating to amendment of section 50 of the CGST Act, 2017 shall come into force.

2. Notification No.17/2021-Central Tax dated 01.06.2021:

CBIC extends the due date for FORM GSTR-1 for May, 2021 by 15 days.

3. Notification No.18/2021-Central Tax dated 01.06.2021:

CBIC provides relief by lowering of interest rate for a specified time for tax periods March, 2021 to May, 2021. This notification shall be deemed to have come into force w.e.f. 18th May, 2021.

4. Notification No.19/2021-Central Tax dated 01.06.2021:

CBIC rationalizes late fee for delay in filing of return in FORM GSTR-3B ; and to provide conditional waiver of late fee for delay in filing FORM GSTR-3B from July, 2017 to April, 2021; and to provide waiver of late fees for late filing of return in FORM GSTR-3B for specified taxpayers and specified tax periods.

5. Notification No.20/2021-Central Tax dated 01.06.2021:

CBIC rationalizes late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1.

6. Notification No.21/2021-Central Tax dated 01.06.2021:

CBIC rationalizes late fee for delay in filing of return in FORM GSTR-4.

7. Notification No.22/2021-Central Tax dated 01.06.2021:

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

8. Notification No.23/2021-Central Tax dated 01.06.2021:

CBIC amends Notification No. 13/2020-Central Tax to exclude government departments and local authorities from the requirement of issuance of e-invoice.

9. Notification No.24/2021-Central Tax dated 01.06.2021:

CBIC amends Notification No. 14/2021-Central Tax in order to extend due date of compliances which fall during the period from "15.04.2021 to 29.06.2021" till 30.06.2021.

10. Notification No.25/2021-Central Tax dated 01.06.2021:

CBIC extends the due date for filing FORM GSTR-4 for financial year 2020-21 to 31.07.2021. This notification shall be deemed to have come into force w.e.f. 31^st May, 2021.

11. Notification No.26/2021-Central Tax dated 01.06.2021:

CBIC extends the due date for furnishing of FORM ITC-04 for QE March, 2021 to 30.06.2021. This notification shall be deemed to have come into force w.e.f. 31^st May, 2021.

12. Notification No.27/2021-Central Tax dated 01.06.2021:

CBIC makes amendments (Fifth Amendment, 2021) to the CGST Rules, 2017.

INTEGRATED TAX NOTIFICATIONS

1. Notification No. 02/2021- Integrated Tax dated 01-06-2021:

CBIC provides relief by lowering of interest rate for a specified time for tax periods March, 2021 to May, 2021. This notification shall be deemed to have come into force w.e.f. 18^th May, 2021.

UNION TERRITORY RAX NOTIFICATIONS

1. Notification No. 02/2021-Union Territory Tax,dt. 01-06-2021:

CBIC provides relief by lowering of interest rate for a specified time for tax periods March, 2021 to May, 2021. This notification shall be deemed to have come into force w.e.f. 18^th May, 2021.

Members may kindly make a note of the above and do the needful accordingly. 

Thanking you, 

Yours faithfully,  

S. BALARAJU  
EXECUTIVE DIRECTOR