Month June 2021

CBDT notifies procedure for exercising option u/s 245M of I-T Act

Date – 24 May 2021 GOVERNMENT OF INDIAMINISTRY OF FINANCECENTRAL BOARD OF DIRECT TAXDIRECTORATE OF INCOME TAX (SYSTEMS)NEW DELHI [DGIT(S)-ADG(S)-3/e-Filing Notification/Form34BB/2021] NOTIFICATION NO 05/2021; Dated: May 24, 2021 Procedure for exercise of option under sub-section (1) of section 245M and…

CBDT amends I-T Rules; new form for payee-wise breakup of TDS

Date – 08 Jun 2021 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (ii)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF DIRECT TAXESNEW DELHI [F. No. 370142/19/2021-TPL] NOTIFICATION NO 71/2021, Dated:…

CBDT notifies Interim Action Plan for FY 2021-22

Date – 10 Jun 2021 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (ii)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF DIRECT TAXESNEW DELHI [F.No.380/02/2021-IT(B) NOTIFICATION Dated: June 10, 2021 To,All…

Seeks to amend notification No. 06/2019- Central Tax (Rate) so as to give effect to the recommendations made by GST Council in its 43rd meeting held on 28.05.2021.

Date – 02 Jun 2021 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSNEW DELHI [F. No. 354/53/2021-TRU] NOTIFICATION NO 03/2021-Central…

Seeks to amend notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services as recommended by GST Council in its 43rd meeting held on 28.05.2021

Seeks to amend notification No. 1/2017-Central Tax (Rate) to prescribe change in CGST rate of goods.

CBIC notifies Customs Exchange Rates for export and import purposes

Date – 20 May 2021 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (ii)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSNEW DELHI [F.No. 468] NOTIFICATION NO 48/2021-Customs (NT), Dated: May…

CBIC extends levy of Anti Dumping Duty on 1,1,1,2- Tetrafluoroethane or R-134a imported from China PR

Date – 24 May 2021 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSNEW DELHI [F. No. 354/24/2010-TRU(Pt-V)] NOTIFICATION NO 30/2021-Customs…

DGFT mandates recording of information about transfer of DFIA Scrips and Paperless issuance of DFIA Scrips

Date – 25 May 2021 GOVERNMENT OF INDIAMINISTRY OF COMMERCE AND INDUSTRYDEPARTMENT OF COMMERCEDIRECTORATE GENERAL OF FOREIGN TRADEUDYOG BHAWANNEW DELHI [Issued from F.No. 01/94/180/074/AM21/PC-4] TRADE NOTICE NO 06/2021-2022; Dated: May 25, 2021 To,1. Exporters, Importers and other Members of Trade…

DGFT Import-Exporter Code(IEC) Services affected due to non-availability of PAN Validation Services from 01.06.2021 to 06.06.2021

Date – 26 May 2021 GOVERNMENT OF INDIAMINISTRY OF COMMERCE AND INDUSTRYDEPARTMENT OF COMMERCEDIRECTORATE GENERAL OF FOREIGN TRADEUDYOG BHAWANNEW DELHI [Issued from File No. 01/02/29/AM-20/EG&TF] TRADE NOTICE NO 07/2021-2022; Dated: May 26, 2021 To,1. Exporters, Importers and other Members of…