The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 51/2021 – Customs dated 22nd October 2021 amends the Notification No 25/2021 – Customs dated 31st March 2021. GOVERNMENT OF INDIAMINISTRY OF FINANCE(DEPARTMENT OF REVENUE)Notification No. 51/2021-CustomsNew Delhi, the 22nd October, 2021 G.S.R…..(E).- In exercise of the powers conferred by sub-section (1)
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 82/2021 – Customs (N.T.) dated 21st October 2021 notifies the exchange rates for the purpose of calculation of Customs and related duties. GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS*****Notification No.82 /2021 – Customs (N.T.)New Delhi, dated
Goods and Services Tax Network (GSTN) issues advisory on availability of input tax credit for the financial year 2020-21 under section 16(4) of Central Goods and Services Tax (CGST) Act, 2017. As per Section 16(4) of CGST Act, 2017, no taxpayer shall take input tax credit in respect records (invoices and debit notes) for supply
The Central Board of Direct Taxes (CBDT) vide its Notification No 119/2021 [S.O. 4207(E)] dated 11th October 2021 exempts the certain person from the requirement of furnishing a return of incomeunder section 139(1) of the Income Tax Act, 1961 from assessment year 2021-2022 onwards. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 80/2021 – Customs (N.T.) dated 07th October 2021 notifies the exchange rates for the purpose of calculation of Customs and related duties. GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS*****Notification No.80/2021 – Customs (N.T.)New Delhi, dated the
The Central Board of Indirect Taxes and Customs (CBIC) vide its Circular No 163/19/2021-GST dated 6th October 2021 issues the clarification regarding GST rates and classification of goods based on the recommendation of the GST Council in its 45th meeting held on 17th September 2021. Circular No. 163/19/2021-GST F. No. 190354/206/2021-TRU Government of India Ministry
The Central Board of Indirect Taxes and Customs (CBIC) vide its Circular No 164/20/2021-GST dated 06th October 2021 issues the clarifications on applicable GST rates and exemptions on below mentioned activities:- 1. Services by cloud kitchens/central kitchens, 2. Supply of ice cream by ice cream parlors, 3. Coaching services to students provided by coaching institutions
The Central Board of Direct Taxes (CBDT) vide its Notification No 118/2021 [G.S.R. 713(E)] dated 1st October, 2021 notifies the rules for implementing the amendments made by the Taxation Laws (Amendment) Act, 2021. MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD OF DIRECT TAXES), New Delhi G.S.R. 713(E).—In exercise of the powers conferred by clause
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 06/2021 – Central Tax (Rate) dated 30th September 2021 notifies the GST rates of various services as recommended by GST Council in its 45th meeting held on 17th September 2021. Government of IndiaMinistry of Finance(Department of Revenue)Notification No. 06 /2021- Central Tax
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 11/2021 – Central Tax (Rate) dated 30th September 2021 amends Notification No 39/2017 – Central Tax (Rate) dated 18th October 2017. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 11/2021-Central Tax (Rate) New Delhi, the 30th September, 2021