Notifications issued for GST rates reductions as per 44th GST Council meeting recommendations
CBIC has issued notifications to give effect to the recommendations of 44th meeting of the GST Council for reduction in GST rates.
GST Council in its 44th meeting held on 12th June 2021 has recommended reductions in the GST rates on various items used in Covid-19 relief and management till 30th September, 2021.
The summary of Notifications issued is as under:
| Notification No. | Subject | Amendments made |
| No. 33/2021-Customs | IGST on Oxygen concentrator, imported for personal use | Notification No. 30/2021-Customs, rescinded |
|
No. 04/2021-Central Tax (Rate) No. 04/2021-Integrated Tax (Rate) No. 04/2021-Union Territory Tax (Rate) |
GST rate on a structure meant for funeral, burial or cremation of deceased | Amendment to Notification No. 11/2017 Central Tax (Rate) to provide for reduced rates of CGST/IGST/UGST during the period from 14th June, 2021 to 30th September, 2021, the central tax on a structure meant for funeral, burial or cremation of deceased. |
| No. 05/2021-Central Tax (Rate) No. 05/2021-IntegratedTax (Rate) No. 05/2021-Union Territory Tax (Rate)
|
Reduction in CGST rates on Covid-19 relief goods | Nil or reduced rates for Medical Grade Oxygen, Remdesvir, Pulse Oximeter, Covid-19 testing kits, Hand Sanitizer, Oxygen Concentrator/ generator, ventilators, Ambulances etc. |
Penalty u/s 271B for unfilled column 40 in Form 3CD related to details regarding turnover, gross profit etc. for previous…
Merely rectifying computation without amending assessment order without notice to assessee does not nullify the entire assessment - ITAT In…
Once assessee discharges primary onus of providing basic documents in support of the identity, genuineness and the creditworthiness it shifts…
CBDT has notified Cost Inflation Index for Financial Year / Tax Year 2026-27 CBDT has notified "384" as Cost Inflation…
Power of CIT(A) under section 251(1)(a) to remand case could be exercised only when the assessment is passed u/s 144…
ICAI (Global Networking) Guidelines, 2025 kept in abeyance In February 2026, ICAI had issued ICAI (Global Networking) Guidelines 2025 to…