The Central Board of Indirect Taxes and Customs (CBIC) vide its Circular No 150/06/2021-GST dated 17th June 2021 clarifies that services by way of construction of road fall under the heading 9954. This heading inter alia covers general construction services of highways, streets, roads railways, airfield runways, bridges, and tunnels. Consideration for the construction of
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 53/2021 – Customs (N.T.) dated 16th June 2021 notify the amendment in tariff value of the specified goods. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)NOTIFICATIONNew Delhi, the 16th June, 2021No. 53 /2121-CUSTOMS (N.T.) S.O. 2349(E).—In exercise of the powers conferred
The Ministry of Micro, Small, and Medium Enterprises vide its Notification No S.O. 2347(E) dated 16th June 2021 extended the validity of the EM Part-II and Udyog Aadhar Memorandum (UAM) from 31st March 2021 to 31st December 2021 by amending its original Notification No S. O. 2119(E) dated 26th June 2020. MINISTRY OF MICRO, SMALL
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 52/2021 – Customs (N.T.) dated 15th June 2021 notify the amendment in tariff value of the specified goods. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)NOTIFICATIONNew Delhi, the 15th June 2021No. 52 /2021-CUSTOMS (N.T.) S.O. 2338(E).— In exercise of
The Central Board of Direct Taxes (CBDT) vide its Notification No 73/2021 dated 15th June 2021 notifies the Cost Inflation Index (CII) for the financial year 2021-22 as “317”. MINISTRY OF FINANCE(Department Of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 15th June, 2021INCOME-TAX S.O. 2336(E). In exercise of the powers conferred by clause (v) of
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 33/2021 – Customs dated 14th June 2021 rescinds its earlier Notification No 30/2021 – Customs dated 01st May 2021. MINISTRY OF FINANCE (Department Of Revenue) NOTIFICATION New Delhi, the 14th June 2021 No. 33/2021-Customs G.S.R. 401(E).—In exercise of the powers conferred by
The Central Board of Direct Taxes (CBDT) vide its Press Release dated 14th June 2021 notify the relaxation in electronic filing of Income Tax Forms 15CA/CB till 30th June 2021. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 14th June 2021 PRESS RELEASE Relaxation in electronic filing
The Central Board of Direct Taxes (CBDT) (ITA-II Division) vide its F.No.225/61/2021/ITA-11 dated 10th June 2021 issue the guidelines for compulsory selection of returns for Complete scrutiny during the financial year 2021-22 and conduct of assessment proceeding in such cases. F.No.225/61/2021/ITA-11 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes
Q. 1 What is e Form SPICe+? Ans.: SPICe+ is a part of various initiatives undertaken by the Government of India towards Ease of Doing Business. SPICe+ form is an integrated web form and an advanced version of the previous SPICeform (i.e. e-form INC-32). SPICe+webform offers 11 services by 3 Central Government Ministries & Departments.
Finally, the GST council in the 43rd Meeting held on 28th May 2021 has come with much-awaited relief to the construction industry by way of changing the Time of Supply provision in case of services of construction provided by Developer Promoter to Landowner Promoter and consequently, Landowner promoters shall be eligible to utilize the ITC
