Extension of ITC-04 filing deadline granted, allowing extra time to submit job-worker declarations under GST.
Extension granted for furnishing FORM GST ITC-04 for goods dispatched to or received from a job worker for 1 January to 31 March 2021, with the filing deadline extended to 30 June 2021 and the notification made effective from 25 April 2021; an earlier reading of the extension to 31 May 2021 was substituted.

Return filing extension: Form GSTR-4 submissions permitted to a specified deadline for the relevant financial year.
Insertion of a proviso requires specified persons to furnish returns in FORM GSTR-4 for the financial year ending 31st March, 2021 up to the 31st day of May, 2021, thereby providing a time-limited extension of the return-filing deadline under the Sikkim Goods and Services Tax Rules, 2017; the amendment is issued under section 148 and is deemed effective from the 30th day of April, 2021.

Extension of GSTR-4 filing deadline permits eligible taxpayers to submit annual returns under amended notification.
The notification inserts a proviso requiring persons covered by the principal notification to furnish the return in FORM GSTR-4 for the financial year ending 31st March, 2021, up to the 31st day of May, 2021, and states the amendment is deemed to have come into force on the 30th day of April, 2021.

Late fee waiver for GSTR-3B returns: phased short extensions for different turnover classes to ease compliance.
Amendment inserts a proviso waiving the late fee under section 47 for specified classes of registered persons who fail to furnish FORM GSTR-3B by the due date, with a Table specifying taxpayer classes, tax periods covered, and the period from the due date during which the late fee is waived, and declares the amendment effective from the stated date.

Late fee waiver for delayed GSTR-3B filing: specified turnover classes granted limited additional grace periods for fixed tax months.
The amendment waives the amount of late fee payable for failure to furnish FORM GSTR-3B by the due date for specified tax periods and specified classes of registered persons, with differing additional grace periods tied to aggregate turnover categories and filing liability; the waiver is inserted into Notification No. 76/2018-Central Tax and is declared to have effect from an earlier deemed date.

Interest on delayed GST returns revised: tiered late-filing rates and staged timelines effective from mid April.
The notification inserts four entries prescribing staged interest treatment for delayed GST returns, distinguishing taxpayers by aggregate turnover and by return-filing category, and applying sequences of reduced and higher interest rates for initial grace periods followed by subsequent periods for returns for March and April 2021 and the quarter ending March 2021; the amendment is deemed effective from 18 April 2021.

Interest rate relief: reduced delayed GST interest slabs for specified taxpayers for select tax periods, easing compliance burden.
Amendment provides reduced delayed-payment interest slabs for March and April 2021: taxpayers with aggregate turnover above rupees 5 crores face 9 per cent for the first fifteen days from the due date and 18 per cent thereafter; taxpayers with aggregate turnover up to rupees 5 crores and specified return-filing categories face nil for the first fifteen days, 9 per cent for the next fifteen days, and 18 per cent thereafter. The amendment is deemed effective from 18th April, 2021.

Reduced GST interest rates for delayed returns in March and April 2021 with staged lower rates by turnover and filing category.
The notification amends the Union Territory GST interest provisions for March and April 2021 by inserting staged interest slabs tied to aggregate turnover and return-filing category: taxpayers with turnover above rupees five crores pay nine per cent for the first fifteen days from the due date and eighteen per cent thereafter; taxpayers with turnover up to rupees five crores and specified return-filing categories pay nil for the first fifteen days, nine per cent for the next fifteen days, and eighteen per cent thereafter. The amendment is effective from 18 April 2021.

Interest relief for delayed GST payments reduces interest obligations for specified taxpayers for designated months.
Inserts a table into the principal IGST notification prescribing temporary, staged reductions in interest for late IGST payment for the tax periods of March and April 2021: higher-turnover taxpayers face a reduced rate for the first fifteen days from the due date and the standard rate thereafter; lower-turnover and specified return-filing categories receive nil interest for the first fifteen days, a lower rate for the next fifteen days, and the standard rate thereafter. The amendment is effective retrospectively from 18 April 2021.

Code on Social Security: section 142 comes into force on 3 May 2021 under central government notification.
The Central Government, exercising powers under sub section (3) of section 1 of the Code on Social Security, 2020 read with section 14 of the General Clauses Act, 1897, appoints 3 May 2021 as the date on which section 142 of the Code on Social Security, 2020 shall come into force by notification S.O. 1730(E) dated 30 April 2021.

De-notification of Special Economic Zone: central government rescinds prior notification, restoring land status subject to prior actions.
Central Government rescinds the notification establishing a Special Economic Zone for IT/ITES at the specified Bengaluru site following the developer's proposal, the State Government's no objection, and the Development Commissioner's recommendation; the rescission is effected under the SEZ Rules rescission provision and preserves actions taken or omitted before rescission.

Fixation of tariff values: updated customs valuation for edible oils, brass scrap, areca nut, gold and silver prescribed.
Fixation of tariff values is made by substituting TABLE 1, TABLE 2 and TABLE 3 in Notification No. 36/2001 Customs (N.T.) under sub section (2) of section 14 of the Customs Act, 1962. TABLE 1 prescribes US dollar per metric tonne values for specified edible oils and brass scrap; TABLE 2 prescribes US dollar unit values for specified forms of gold and silver with explanatory exclusions and definitions; TABLE 3 prescribes the US dollar per metric tonne value for areca nuts.

Option to withdraw pending settlement application must be made via Form 34BB and filed electronically with verified intimation.
Rule 44DA requires the exercise of the option to withdraw a pending settlement application to be made in Form No. 34BB, verified by the person authorised to verify the return of income, furnished electronically per procedures, formats and standards specified by the Principal Director-General/Director-General of Income-tax (Systems), and accompanied by an uploaded signed printout; Form No. 34BB also requires affirmation that the original application was not declared invalid nor subject to a specified order by the stated cutoff date and includes a verification clause confirming competence to verify.

Import exemption for oxygen concentrators added to limited exceptions to gift import prohibition for personal use.
Para 2.25 of the Foreign Trade Policy, 2015-2020 prohibits import of goods presented as "gifts" through post, courier or e-commerce except for life saving drugs/medicines and Rakhi; the revised paragraph adds oxygen concentrators for personal use to the exempted categories where customs clearance is sought as gifts, and limits that exemption to a specified period ending 31 July 2021, while retaining allowance for import of gifts with payment of full applicable duties.

Customs duty exemption for specified inflammatory diagnostic marker kits to facilitate importation for public health response.
An amendment to the customs exemption notification adds a new entry exempting customs duty on inflammatory diagnostic marker kits and blood gas reagents, listing tests including IL6, D Dimer, CRP, LDH, Ferritin and Pro Calcitonin, effectuated under the Customs Act in the public interest and corrected by a subsequent corrigendum.

Statement of Financial Transactions reporting requires RTAs to submit structured mutual fund SFT data and signed control statements securely.
RTAs must submit prescribed ASCII-delimited SFT data files (Batch, Account Summary, Transaction Summary, Off-Market) via secure SFTP with a signed control statement, following field-level formats and validation rules. Reporting covers user-initiated debits (excluding certain transfers), requires FIFO matching for acquisition identification, classification by security class and holding period, methods for estimating sale consideration and cost of acquisition (including adjusted/indexed treatment for pre-specified dates), and provides procedures for correction and deletion of submitted records. Entities must implement information security, archival and retrieval policies and furnish reported information to account holders for AIS reconciliation.

Depository transaction reporting: standardized SFT submission and FIFO valuation ensure data for capital gains pre fill and reconciliation.
Depositories must furnish structured Statement of Financial Transactions for specified depository debits in prescribed ASCII delimited files and a signed control statement, using defined file types and field formats. Asset classification uses specified security class codes and FIFO matching for corresponding credits; estimated sale consideration and acquisition cost are determined on weighted average and adjusted FMV rules with indexation where applicable. Files are submitted via SFTP, validated against schema and business rules, and corrected through correction or deletion statements; entities must implement information security and archival policies.

Appointment of Advance Ruling Committee member: Rajiv Magoo designated to replace previous member, updating statutory roster.
Amendment substitutes the entry at Serial No. (2) in the cited government notification to identify Mr. Rajiv Magoo, Joint Commissioner of Central Tax, as the member of the Advance Ruling Committee in place of Ms. P. Vinitha Sekhar, thereby updating the official roster under the Maharashtra Goods and Services Tax Act.

Electronic verification code filing option permitted for companies to submit GSTR-3B and GSTR-1 details during transitional period.
An amendment to rule 26(1) permits registered persons 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 such filings are verified through an electronic verification code (EVC) for the notified transitional period.

Penalty waiver for GST notification non compliance granted, conditional on registered persons complying with the notification thereafter.
Waiver of penalty is granted to registered persons for non compliance with the specified GST notification during the defined period, conditional on those persons complying with the notification's provisions from the subsequent stipulated date.