Analysis of GST Notifications issued on date 01st June 2021
Posted on June 2, 2021
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CBIC has issued following 12 notifications on date 01st June, 2021 under CGST Act :-
| Sr. No. | Notification No. | Description |
| 1 | 16/2021 | To bring into force sections 112 of Finance Act 2021, in order to bring amendment to Sections 50, CGST Act w.e.f. 01.06.2021 |
| 2 | 17/2021 | To extend due date for furnishing FORM GSTR-1 for the month of MAY, 2021 to 26/06/2021 |
| 3 | 18/2021 | To provide conditional relief by lowering of interest rate for a prescribed time for specified person for tax periods from March, 2021 to May, 2021. |
| 4 | 19/2021 | Conditional waiver of Late fee , rationalization of late fee for delay in furnishing of GSTR 3B and Amnesty Relief in late fees for non furnishing of FORM GSTR-3B from July, 2017 to April, 2021. |
| 5 | 20/2021 | Rationalization of late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1 |
| 6 | 21/2021 | Rationalization of late fee for delay in filing of return in FORM GSTR-4 |
| 7 | 22/2021 | Rationalization of late fee for delay in filing of return in FORM GSTR-7 |
| 8 | 23/2021 | Non – applicability of E-Invoicing provisions for government departments and local authorities |
| 9 | 24/2021 | Extension in due date of compliances which fall during the period from “15.04.2021 to 29.06.2021” till 30.06.2021 |
| 10 | 25/2021 | To extend due date for furnishing FORM GSTR-4 for the Financial Year 2020-21 to 31/07/2021 |
| 11 | 26/2021 | To extend due date for furnishing FORM ITC-04 for the 4th Qtr of financial year 2020-21 to 30/06/2021 |
| 12 | 27/2021 | i)Extension of time of GST Return authentication via EVC by Company upto 31/08/2021 ii)Amendment in CGST Rule 36(4) for ITC available, cumulative for April to June 2021 iii) To extend time limit for furnishing IFF for the month of MAY 2021 upto 28/06/2021 |
Notifications are issued for providing –
- Extension of Due Date for filing of GSTR-1 / IFF;
- Reduced Rate of Interest;
- Conditional waiver of Late fees;
- Rationalization in late fees payable on delay in filing of GSTR 3B, GSTR 1, GSTR 4 & GSTR 7
- Amnesty Scheme for Non Filiers of GSTR 3B for the period from July 2017 to April 2021
To read detailed analysis of all notifications, click to download below document –
Important Links
- Income Tax
- Income Tax E-filing
- TDS / TCS (Traces)
- Delhi Sales Tax
- Uttarakhand Sales Tax
- Haryana Sales Tax
- Rajasthan Sales Tax
- Central Excise, Customs & Service Tax
- Registrar of Companies (ROC) / MCA
- Limited Liability Partnership
- Reserve Bank of India
- Institute of Chartered Accountant of India
- Institute of Company Secretary of India
- Institute of Cost Accountants of India
Latest Updates
Applicability of TDS U/s 194Q and TCS U/s 206C(1H) of Income Tax Act
June 8, 2021Special provision for Deduction of Tax at Source (TDS) & Tax Collection at Source (TCS) at Higher Rate for non-filers of Income Tax Return – Section 206AB & Section 206CCA
Analysis of GST Notifications issued on date 01st June 2021
June 2, 2021Income Tax Circular No. 9/2021 : Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic
Applicability of E-Invoicing under GST w.e.f. 01st April, 2021
March 16, 2021