CBIC issues notifications amending GST rates on goods and services to implement the recommendations of 43rd meeting of GST Council held on 28th May 2021.
The summary of notifications issued are as under:
| Notification No. | Particulars |
| No. 02/2021 –Central Tax (Rate) |
Amendment made to notification No.11/2017-Central Tax (Rate), dated the 28th June, 2017 to notify CGST rates of various services |
| No. 01/2021 –Union territory Tax (Rate) | Amendment to Notification No. 1/2017-Union territory Tax (Rate), dated the 28th June, 2017 to notify changes in the rate of goods |
| No. 03/2021-Integrated Tax | Amendment to Notification No. 4/2019-Integrated Tax, dated 30th September, 2019 to prescribe the place of supply of services for supply of maintenance, repair or overhaul service in respect of ships and other vessels, their engines and other components or parts supplied to a person for use in the course or furtherance of business |
| No. 01/2021–Integrated Tax (Rate) |
Amendment to Notification No. 1/2017-Integrated Tax (Rate), dated 28th June, 2017 to notify changes in the rate of goods |
| No. 02/2021-Union Territory Tax (Rate) | Amendments in the Notification No. 11/2017-Union Territory Tax (Rate) to notify CGST rates of various services |
| No. 03/2021 –Central Tax (Rate) |
Amendment to the Notification No. 06/2019-Central Tax (Rate), dated the 29th March, 2019 related to issuance of completion certificate by developer/promoter |
| No. 01/2021 –Central Tax (Rate) | Amendment to Notification No. 1/2017-Central Tax (Rate), dated 28th June 2017 to notify change in GST rates |
| No. 03/2021-Union Territory Tax (Rate) |
Amendment to Notification No. 06/2019-Union Territory Tax (Rate), dated the 29th March, 2019 related to issuance of completion certificate by developer/promoter |
| No. 02/2021–Integrated Tax (Rate) |
Amendment to notification No. 08/2017-Integrated Tax (Rate), dated the 28th June, 2017 to notify CGST rates of various services from the 2nd day of June, 2021Â |
| No. 03/2021-Integrated Tax (Rate) |
Amendment to Notification No. 06/2019-Integrated Tax (Rate), dated the 29thMarch, 2019 related to issuance of completion certificate by developer/promoter |
- Non- payment of cost imposed can’t trigger automatic confirmation of an invalid exparte assessment.
- Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT
- Last date to submit MEF 2026-27 extended to 09.09.2026
- Validity of demand u/s 156 for default u/s 115-O, if assessment order u/s 143(3) has Nil demand
- Issue already examined and adjudicated by CIT(Appeals), can’t be reopened on same set of facts
