Cumulative input tax credit adjustment requires May GSTR-3B to include April-May cumulative ITC; April IFF permitted in May.
Amendments require the condition in rule 36(4) to apply cumulatively for April and May 2021 and direct that FORM GSTR-3B for May 2021 be filed with cumulative input tax credit adjustments for those months; additionally, rule 59(2) is amended to allow furnishing April 2021 details via the Invoice Furnishing Facility from 1 May 2021 until 28 May 2021.

Extension of GSTR-4 filing deadline - returns for the relevant financial year may be furnished by the extended due date.
Amendment under section 148 inserts a proviso requiring specified persons to furnish FORM GSTR-4 for the financial year ending 31st March, 2021, by 31st May, 2021, and deems the notification to have come into force from 30th April, 2021.

Late fee waiver for specified GST GSTR-3B returns: limited grace periods granted for defined taxpayer classes and tax periods.
Amendment inserts a proviso waiving the late fee payable under section 47 for defined classes of registered persons who fail to furnish FORM GSTR-3B by the due date, providing specified grace periods: fifteen days for taxpayers with aggregate turnover above rupees five crores for March and April 2021, and thirty days for specified taxpayers with turnover up to rupees five crores for the listed tax periods. The amendment is deemed effective from 20 April 2021.

Interest relief for delayed GST returns provides staged lower interest rates for different turnover categories and filing periods.
The notification inserts a table prescribing staged interest treatment for delayed GST returns for March 2021 and April 2021, differentiating taxpayers by aggregate turnover and by the category of return under section 39: higher-turnover taxpayers receive a reduced interest rate for an initial short period from the due date and a higher rate thereafter; lower-turnover and certain other return categories receive nil interest for an initial short period, a moderate rate for the next short period, and a higher rate thereafter. The amendment is effective from 18 April 2021.

Penalty waiver for GST non-compliance announced; penalties under section 125 waived for specified period covering delayed compliances.
The notification waives the amount of penalty payable by any registered person for non-compliance of Notification No.18/GST-2, dated 31st March, 2020, for the period from 1st December, 2020 to 30th September, 2021; it supersedes an earlier notification dated 15th December, 2020 except as respects acts or omissions prior to such supersession.

Customs tariff exemptions revised to modify specified duty entries, altering exemption and duty treatment effective shortly.
The notification amends specified exemptions by substituting table entries: in the 2017 notification, column (4) for serial 21D is replaced with Nil and for serial 21F is replaced with 10%; in the 2021 notification, column (4) for serial 5 is replaced with 10%. The amendments are effected under statutory executive powers and take effect on the stated commencement date.

Late-fee waiver for delayed GSTR-1 filings limits liability by taxpayer category from June 2021 onward.
Late fee for delayed furnishing of details of outward supplies in FORM GSTR-1 is waived to the extent it exceeds prescribed ceilings for tax periods commencing June 2021 or quarters ending June 2021 onwards. The ceiling is Rs. 250 for persons having nil outward supplies, Rs. 1,000 for other persons with preceding financial-year turnover up to Rs. 1.5 crore, and Rs. 2,500 for those with turnover above Rs. 1.5 crore and up to Rs. 5 crore. The waiver operates from 1 June 2021.

Customs Broker licence validity now covers surrender, inactivity-based invalidation, and renewal subject to eligibility, dues clearance, and compliance declarations.
Customs Broker licensing is amended to permit voluntary licence surrender, subject to payment of all government dues and absence of pending proceedings. Licences continue unless revoked, but become deemed invalid after one year of inactivity, excluding suspension periods. An invalid licence may be renewed from expiration upon prescribed application, continuing eligibility, and payment of the renewal fee. Renewal applicants must confirm dues, active bond and security, relevant changes in partners or directors, and prescribed compliance declarations.

Authorised carrier registration rules now address inactivity, renewal, voluntary surrender, suspension grounds and time-bound Customs inquiries.
Authorised carrier registration remains valid unless revoked, but becomes deemed invalid where the carrier is inactive in Customs-related business for one year, excluding suspension periods. A carrier may seek renewal in Form IA, with renewal available from expiry where registration eligibility is met. Registration may be voluntarily surrendered only after payment of all government dues and where no proceedings are pending. Revised suspension grounds cover regulatory or bond non-compliance, misconduct, insolvency, unsoundness of mind, and conviction; inquiry findings must be reported within ninety days of notice.

Concessional GST treatment for Covid 19 relief supplies: specified medical goods taxed at reduced state rates for a limited period.
The Government of Jharkhand exempts state tax on specified Covid 19 relief goods to the extent that tax exceeds the reduced rates set out in the notification. A detailed Table lists medical grade oxygen, specified medicines, diagnostic and testing kits, oxygen delivery systems, ventilators and related respiratory devices, sanitizers, pulse oximeters, temperature screening equipment, crematorium furnaces and ambulances, with a prescribed reduced state tax rate for each item. The exemption is issued under the Jharkhand GST Act for a defined effective period.

State tax rate reduction for specified services temporarily applied irrespective of scheduled rates during a designated period.
A proviso is inserted to provide that for the specified period the state tax on services described in clause (f) of item (iv) against serial number 3 shall, irrespective of the rate specified in the rate column, be levied at a uniform reduced rate; the amendment is effected under the Jharkhand GST Act and is deemed effective from the commencement date of that period.

Commencement of Section 4 of the Companies (Amendment) Act set for 1 September to bring that provision into force.
Commencement of Section 4 of the Companies (Amendment) Act, 2020 is effected by a Central Government notification under sub section (2) of section 1, appointing 1 September 2021 as the date on which the provisions of Section 4 shall come into force.

Eligibility and recognition procedures tightened for insolvency professionals, with clarified experience, net worth and application timelines.
Amendments revise eligibility by restructuring professional-experience criteria and allowing aggregation of professional and managerial experience; omit regulation 9; amend Regulation 12 to substitute "equity shares", define net worth for companies and partnerships, allow transitional compliance, and require Board acknowledgement within seven days while empowering the Board to seek documents, inspect or require personal appearances; Regulation 13 clarifies timelines for granting or rejecting recognition and prescribes issuance of the certificate in Form D; First Schedule limits concurrent resolution professional assignments and caps assignments involving very large admitted claims.

Monetary penalty realisation now requires agencies to promptly collect penalties and credit them to the statutory fund.
Amendment requires the Agency to promptly realise monetary penalties imposed by the Disciplinary Committee and to credit those sums to the statutory fund constituted for IBC purposes, converting penalty collection and remittance into an express compliance obligation of the Agency.

Company name change: automatic 'ORDNC' naming and mandatory disclosure if Regional Director order not complied.
Rule 33A provides that if a company fails to change its name as directed by the Regional Director within three months, its name automatically becomes "ORDNC" plus year, serial number and CIN, the Registrar shall record the new name and issue a certificate in Form INC-11C, pending e-form INC-24 suspends this only while pending, and the renamed company must promptly comply with registration requirements and display the prescribed "Order of Regional Director Not Complied" statement beneath its name unless it subsequently changes name lawfully.

Late fee waiver for delayed GSTR-4 filing caps liability based on whether State tax payable is nil.
Late fee for delayed furnishing of FORM GSTR-4 for financial years 2021-22 onwards is capped through waiver of the amount exceeding prescribed limits. Where State tax payable in the return is nil, late fee exceeding Rs. 250 is waived; for other registered persons, late fee exceeding Rs. 1,000 is waived. The waiver applies where registered persons fail to furnish FORM GSTR-4 by its due date and takes effect from 1 June 2021.

GST return filing flexibility for companies: GSTR-3B and GSTR-1/IFF may be filed with EVC during a temporary window.
The amendment permits companies registered under the Companies Act, 2013 to furnish the return under section 39 in FORM GSTR-3B and the details of outward supplies under section 37 in FORM GSTR-1 or using the invoice furnishing facility, provided those filings are verified through electronic verification code (EVC) during the specified temporary period.

Penalty waiver for QR code non-compliance where registered persons comply from a prescribed future commencement date.
Amendment substitutes earlier implementation and commencement figures for Dynamic QR Code obligations with later dates, is deemed effective from 30th March, 2021, and provides a conditional waiver of penalties for non-compliance during an earlier specified period provided registrants comply with the QR Code requirements from the revised commencement date.

Late fee waiver for GST returns: selected taxpayers receive limited waiver periods for delayed GSTR-3B filings.
The amendment inserts a proviso waiving the late fee payable for delayed furnishing of FORM GSTR-3B for specified tax periods and defined classes of registered persons distinguished by aggregate turnover, by granting limited waiver windows measured from the original due date; the relief applies only to the late fee component and leaves other liabilities and compliance obligations intact.

Reduced interest rates for late GST filings offer phased relief for return periods in March and April 2021.
Reduction of interest rates for delayed GST payments for March and April 2021 is effective from 18 April 2021 and prescribes staged interest treatment: higher-turnover taxpayers pay a reduced rate for the first fifteen days and a higher rate thereafter; lower-turnover and specified-filer categories receive nil interest for the first fifteen days, a moderate rate for the next fifteen days, and a higher rate thereafter.