CA - Ankg & Associates

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CBIC has issued following 12 notifications on date 01st June, 2021 under CGST Act :-

Sr. No.	Notification No.	Description
1	16/2021	To bring into force sections 112 of Finance Act 2021, in order to bring amendment to Sections 50, CGST Act w.e.f. 01.06.2021
2	17/2021	To extend due date for furnishing FORM GSTR-1 for the month of MAY, 2021 to 26/06/2021
3	18/2021	To provide conditional relief by lowering of interest rate for a prescribed time for specified person for tax periods from March, 2021 to May, 2021.
4	19/2021	Conditional waiver of Late fee , rationalization of late fee for delay in furnishing of GSTR 3B and Amnesty Relief in late fees for non furnishing of FORM GSTR-3B from July, 2017 to April, 2021.
5	20/2021	Rationalization of late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1
6	21/2021	Rationalization of late fee for delay in filing of return in FORM GSTR-4
7	22/2021	Rationalization of late fee for delay in filing of return in FORM GSTR-7
8	23/2021	Non – applicability of E-Invoicing provisions for government departments and local authorities
9	24/2021	Extension in due date of compliances which fall during the period from “15.04.2021 to 29.06.2021” till 30.06.2021
10	25/2021	To extend due date for furnishing FORM GSTR-4 for the Financial Year 2020-21 to 31/07/2021
11	26/2021	To extend due date for furnishing FORM ITC-04 for the 4th Qtr of financial year 2020-21 to 30/06/2021
12	27/2021	i)Extension of time of GST Return authentication via EVC by Company upto 31/08/2021 ii)Amendment in CGST Rule 36(4) for ITC available, cumulative for April to June 2021 iii) To extend time limit for furnishing IFF for the month of MAY 2021 upto 28/06/2021

Notifications are issued for providing –

• Extension of Due Date for filing of GSTR-1 / IFF;
• Reduced Rate of Interest;
• Conditional waiver of Late fees;
• Rationalization in late fees payable on delay in filing of GSTR 3B, GSTR 1, GSTR 4 & GSTR 7
• Amnesty Scheme for Non Filiers of GSTR 3B for the period from July 2017 to April 2021

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