CBIC extends GST due dates amidst the COVID 19 exigency

May 01, 2021

Amidst the COVID 19 exigency comes a relief from the CBIC by way of extension of GST due dates.   

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Certain relaxations in time limits for compliances falling between April 15 2021 to May 31, 2021

May 01, 2021

CBIC vide Notification 14/2021 - Central Tax dated May 1, 2021 extends due date for compliances falling between the period April 15, 2021 to May 30, 2021 till May 31, 2021. The Notification shall come into force with effect from April 15, 2021.

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Extension of due date for ITC-04 to May 31, 2021 for the quarter January to March 2021

May 01, 2021

The CBIC vide Notification No. 11/2021- Central Tax dated May 01, 2021 extends the time period for furnishing declaration in Form ITC-04 viz. details of goods/capital goods sent to job worker and received back to May 31, 2021 for quarter January to March, 2021.

This notification would be made effective from April 25, 2021.

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Extension of due date for filing form GSTR-4 for FY 2020-21 to May 31, 2021

May 01, 2021

The CBIC vide Notification No. 10/2021- Central Tax dated May 01, 2021 extends due date for filing of Form GSTR-4  viz. Annual Return for the FY 2020-21 for composition scheme dealers from April 30, 2021 to May 31, 2021. The notification shall be deemed to have come into force with effect from April 30, 2021.

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CBIC lowers the rate of interest for tax periods March 2021 and April 2021

May 01, 2021

The CBIC vide Notification No 8/2021 - Central Tax dated May 1, 2021 extends relief by lowering the rate of interest for tax periods April 2021 and March 2021 for certain class of persons.

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Waiver of late fees towards late filing of GSTR-3B

May 01, 2021

The CBIC vide Notification No 9/2021 - Central Tax dated May 1, 2021 extends relief by waiving the late fees for certain class of persons against delayed filing of GSTR-3B.

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Extension of due date for furnishing GSTR-1 for the tax period April 2021

May 01, 2021

The CBIC vide Notification 12/2021 - Central Tax dated May 1, 2021 extends the time limit for furnishing details of outward supplies in Form GSTR - 1 for the tax period April 2021 to May 26, 2021.

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CBIC allows companies to file GST returns without DSC using email or mobile OTP

April 28, 2021

A person registered under the provisions of Companies Act, 2013 would be allowed to furnish his returns under Section 39 (GSTR 3B) and the details of their outward supplies Section 37 (GSTR 1 or IFF) by means of electronic verification code for the period April 27, 2021 to May 31, 2021.

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CBIC issues advisory on implementation of PMT - 03 to recredit the ITC sanctioned as refund

April 20, 2021

CBIC issues an advisory No 8/2021 - Refunds dated April 21, 2021 for implementation of PMT-03 for re-credit of ITC sanctioned as a refund.

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GST News update | New features of Form GSTR-2B & GSTR-3B made available to taxpayers under QRMP Scheme

April 13, 2021

New features relating to filing of Statement/ Returns by taxpayers under QRMP Scheme, for the quarter Jan-to March 2021

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GST News Update | Updates in Forms GSTR-1, GSTR-3B and Matching Offline Tool for taxpayers in QRMP Scheme

April 13, 2021

Goods and Service Tax Network issues update on April 13, 2021 in respect of Forms GSTR-1, GSTR-3B and Matching offline tool for taxpayers pertaining to the QRMP scheme.

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Government issues Finance Act 2021

March 30, 2021

Government notifies Finance Act 2021 giving effect to amendments proposed in the Union Budget 2021 with 127 new amendments

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