The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 51/2021 – Customs (N.T.) dated 3rd June 2021 notifies the exchange rates for the purpose of calculation of Customs and related duties. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No.51/2021 –
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 26/2021 – Central Tax dated 01st June 2021 further extends the due date for furnishing declaration in form ITC-04 in respect of goods dispatched to a job worker or received from a job worker, during the period from 1st January, 2021 to
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 23/2021 – Central Tax dated 01st June 2021 notify the amendment in Notification No 13/2020 – Central Tax in order to amend the class of registered person for the purpose of e-invoice. NOTIFICATION New Delhi, the 1st June, 2021 No. 23/2021 –
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 20/2021 – Central Tax dated 01st June 2021 notify the capping on late fees for filing GSTR-1 from the tax period June 2021 onwards or quarter ending June 2021 onwards. NOTIFICATIONNew Delhi, the 1st June, 2021No. 20/2021 – Central Tax G.S.R. 364(E).—
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 50/2021 – Customs (N.T.) dated 31st May 2021 notify the further extended the transitional provisions of Sea Cargo Manifest & Transhipment Regulations 2018. Authorised sea carrier to continue to deliver the cargo declaration in old Forms. MINISTRY OF FINANCE (Department of Revenue)
The Central Board of Indirect Taxes and Customs (CBIC) vide its Circular No 148/04/2021 – GST dated 18th May 2021 notify the Standard Operating Procedure (SOP) for implementation of the provision of extension of time limit to apply for revocation of cancellation of registration under section 30 of the CGST Act, 2017 and rule 23
The Central Board of Indirect Taxes and Customs (CBIC) vide its Circular No 10/2021 – Customs dated 17th May 2021 notify the changes introduced through the Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021. The said rules have been introduced keeping in view the demands from the trade and industry and
Power of Commissioner for provisional attachment under GST In the recent past, it has been seen that the GST authorities are inappropriately misusing the provisions of Section 83 of CGST Act, 2017 for provisionally attaching the properties and bank account of the taxable person without fulfilling the conditions prescribed under the statute for the valid
The Central Board of Indirect Taxes and Customs (CBIC) has vide its Notification No 13/2021 – Central Tax dated 01st May 2021 relaxes the compliance of Rule 36(4) related to restriction of input tax credit and Rule 59(2) related to Invoice Furnishing Facility (IFF). However, the taxpayer should comply with Rule 36(4) cumulatively for the
