Indian Tax Solution
Govt. brings sub-rule (2) and sub-rule (3), clause (i) of sub-rule (6) and sub-rule (7) of rule 2 of the CGST (Eighth Amendment) Rules, 2021 into force w.e.f. 01.01.2022.
Govt. notifies 01.01.2022 as the date on which provisions of section 108, 109 and 113 to 122 of the Finance Act, 2021 shall come into force.
Govt. makes amendments (Ninth Amendment, 2021) to the CGST Rules, 2017.
Applicability of B2C dynamic QR code provisions extended to 30.06.2021
Govt.makes amendments (Eighth Amendment, 2021) to the CGST Rules, 2017.
Govt. amends Notification No. 03/2021 dated 23.02.2021.
Govt.exempts taxpayers having AATO upto Rs. 2 crores from the requirement of furnishing annual return for FY 2020-21.
Govt omits GST Audit provision & amends Section 44 Annual return
Govt. amends Rule 80 of the CGST Rules, 2017 and notify Form GSTR 9 and 9C for FY 2020-21. Rule 80 provides for exemption from GSTR-9C to taxpayers having AATO upto Rs. 5 crores.
Revised Section 50 GST interest Provisions notified w.e.f. 01.06.2021
CBIC extends due date of Form GSTR-1 for May 2021 by 15 days
Late GST return : Interest rate lowered for March to May 2021
CBIC rationalize late fee for delay in furnishing of FORM GSTR-1
CBIC rationalize late fee for delay in furnishing of FORM GSTR-4
CBIC rationalize late fee for delay in filing FORM GSTR-7