Weekly newsletter from Chairman, CBIC dated 14/06/2021


Quick Summary
The 44th GST Council Meeting recommended reducing GST rates on specific Covid-19 relief items until 30th September 2021. This includes medicines, oxygen equipment, and testing kits, with notifications to follow. The meeting also discussed trade facilitation measures, such as amnesty schemes and rationalised late fees, to support taxpayers during challenging times. Additionally, the newsletter highlights successful anti-smuggling operations and efforts to honour CBIC officials lost to Covid-19.

Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes Customs North Block, New Delhi-110001 Tel. No. +91-11-23092849, Fax :+91-11-23092890 E-mail :ajit.m@gov.in Date: 14thJune 2021 D.O.No.72/CH(IC)/2020 The 44thGST Council Meeting was held on 1
Daily Limit Reached

You have reached your daily limit of 2 Free Notice & Circular

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited Notice & Circular Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

The main agenda was to discuss the report of the Group of Ministers for GST concessions on Covid-relief items.

The reduced GST rates on specified Covid-relief items will be applicable until 30th September 2021.

The items include medicines, oxygen generation equipment and related medical devices, and testing kits and machines, among others.

Discussions included measures related to annual returns, an amnesty scheme for late fees, rationalisation of late fees, interest payment on net cash basis, refunds, relaxation in blocking e-Way bills, and easing the process of filing returns.

Yes, customs officers prevented the smuggling of suspected heroin at IGI Airport, New Delhi, and along the Indo-Myanmar border, along with weapons and suspected methamphetamine.

DGHRD informed all Zones and Directorates about the proposed publication of a booklet titled 'Shradhanjali' in their memory, and Ahmedabad CGST Zone shared a 'Memory Book'.

 

Comments



CCI Pro