Invoice Furnishing Facility expands supplier reporting; auto drafted ITC statement improves monthly input tax credit reconciliation.
Revised rules require outward-supply details in FORM GSTR-1 and allow eligible quarterly filers to use the Invoice Furnishing Facility (IFF) for the first two months of a quarter; IFF entries are excluded from the quarterly GSTR-1. Supplier-submitted data populates recipient-ledger forms and a new monthly auto-drafted ITC statement, FORM GSTR-2B, which aggregates GSTR-1/5/6 and import data and is made available on defined timelines. Substituted rule 61 prescribes FORM GSTR-3B filing mechanics, due dates by class of principal place of business, ledger debits for liabilities, and deposit procedures for quarterly filers. Rule 61A governs opting for quarterly returns and mandatory monthly switch on exceeding turnover thresholds.

GST form and return amendments expand electronic filing options and revise form fields and audit obligations.
The Twelfth Amendment to the Delhi GST Rules empowers the Commissioner to require specified digits of HS codes for classes of taxpayers or supplies, permits furnishing wholly nil returns or nil outward-supply statements via SMS with OTP verification, clarifies audit and GSTR-9C filing obligations for prior financial years for taxpayers above the turnover threshold, suspends a filing restriction for specified months, relaxes mandatory phrasing for proper officers, and enacts wide-ranging substitutions and updates to FORM GSTR-1, FORM GSTR-2A and multiple GSTR and GST forms and instructions to standardise tables, auto-population, and reporting of ITC, amendments and reverse-charge details.

Computation of short term capital gains clarified where depreciation was claimed on goodwill; excess reduction treated as short term gains.
Written down value of an intangible asset block and short term capital gains for the previous year relevant to the assessment year commencing April 1, 2021 shall be determined where depreciation on goodwill was obtained. If the reduction under sub-item (B) of item (ii) of sub-clause (c) of clause (6) of section 43 for that previous year exceeds the beginning written down value (without that reduction) plus actual cost of intangible assets other than goodwill acquired during that year, such excess shall be deemed short-term capital gains.

Quick Response code embedding Invoice Reference Number enables electronic verification in lieu of physical tax invoice.
A new clause requires a Quick Response code embedding an Invoice Reference Number (IRN) where invoices are issued under the prescribed electronic issuance sub-rule of rule 48. The Commissioner may, by notification on Council recommendation, exempt persons or classes from issuing such invoices for a specified period subject to conditions. Substitution of rule 138A(2) permits the QR code with embedded IRN to be produced electronically for verification by the proper officer in lieu of the physical tax invoice.

Aadhaar authentication requirement alters registration verification and triggers phased deemed approval timelines where not authenticated
The amendments require Aadhaar authentication for registration applicants except specified exempted persons, making the date of Aadhaar authentication (or an earlier prescribed cut off) the application date. If an applicant fails or does not opt for Aadhaar authentication, registration will generally follow physical verification of the business premises, though a senior officer may permit documentary verification for recorded reasons. The rules also reorganise timelines for notices and officer action, and provide that applications shall be deemed approved if the proper officer fails to act within the applicable period.

E-invoice schema mandates a standardized electronic invoice format with mandatory IRN generation and detailed structured fields.
Delhi substitutes the prior invoice form with a standardized e invoice schema (Version 1.1) prescribing mandatory IRN generation and detailed field specifications and cardinality. The schema structures invoice data into sections (Basic Details; Supplier, Recipient and Payee Information; Item Details; Document Total; E way Bill Details; and ancillary metadata), mandates specific codes and formats for supply and document types, and requires item level taxable values and tax/cess breakups while providing conditional mandatoryity for IGST versus CGST+SGST/UTGST reporting.

SMS filing of nil GST returns allowed, verified by registered mobile OTP, simplifying nil GSTR 1 and GSTR 3B compliance.
The Rules permit registered persons to furnish nil FORM GSTR 3B returns or nil details in FORM GSTR 1 by SMS using the registered mobile number; such SMS-submitted returns or details must be verified via a registered mobile number based One Time Password. A nil return or nil details means the return or details for a tax period that contain no entries in any tables of the respective form. This provision substitutes rule 67A and provides an alternative electronic furnishing method for strictly nil filings.

Composition levy rates revised to differentiated turnover based slabs for manufacturers, specified suppliers, and other registrants.
The substitution of the Table in rule 7 revises the composition levy framework by identifying four categories-manufacturers (with certain goods excluded), suppliers making supplies under the specified clause of Schedule II, other eligible suppliers under the primary composition eligibility, and registered persons eligible under the optional composition route-and prescribing distinct turnover based tax rates on taxable supplies in the State or Union territory, effective from 1 April 2020.

Concessional State GST rate on specified pandemic relief supplies limited, reducing state tax on listed medical goods.
Concessional state tax is prescribed for specified COVID-19 relief supplies by tariff heading, exempting state GST to the extent it exceeds the amount shown for each listed good. The Table lists medical grade oxygen, specified drugs, testing and marker kits, devices (ventilators, oxygen concentrators, pulse oximeters, BiPAP, high flow nasal cannula), sanitizers, ambulances and related equipment with the corresponding concessional state tax rate or nil rate. The notification is effective from 14 June 2021 and remains in force up to and inclusive of 30 September 2021.

State tax rate change for specified services temporarily fixed under Haryana GST for mid June to end September period.
The amendment adds a proviso to item (iv) against serial number 3 in the Table of the earlier notification, stating that for the period beginning 14th June, 2021 and ending 30th September, 2021 the state tax on services described in clause (f) shall, irrespective of the rate specified in column (4), be levied at the rate of 2.5 per cent. The notification is deemed effective from 14th June, 2021 and is issued under specified provisions of the Haryana Goods and Services Tax Act, 2017.

IFSC banking regulation broadens permitted activities while revising capital, reserve, foreign currency account, leverage and exposure compliance.
IFSC Banking Units must be capitalised by their Parent Banks at the prescribed minimum level and comply with Home Regulator directions unless otherwise specified. Leverage ratio and exposure ceiling requirements are subject to applicable norms and guidelines. Banking Unit liabilities are generally exempt from reserve requirements, except deposits raised from individuals resident in India or outside India. Banking Units may maintain freely convertible foreign currency accounts for eligible persons and undertake permitted financial-services and banking activities, subject to prescribed conditions, including design, execution and risk-management requirements.

Refund procedure and registration revocation rules updated under Assam GST with withdrawal, withholding, and release mechanisms.
Amendment of the Assam Goods and Services Tax Rules, 2017 revises the procedure for revocation of cancellation of registration, refund claims, withholding and release of refunds, and outward movement restrictions. It extends the period for filing revocation applications where authorised officers grant extension, excludes the deficiency-correction period from the refund limitation period, allows withdrawal of refund applications through FORM GST RFD-01W, and provides for credit back of amounts debited on withdrawal. It also substitutes FORM GST RFD-07 and inserts FORM GST RFD-01W.

Concessional GST on Covid-19 relief supplies preserves reduced state tax treatment for specified medical goods and devices.
Exemption under sub-section (1) of section 11 of the Jammu and Kashmir GST Act provides concessional State tax treatment for specified Covid-19 related goods by reference to Customs Tariff classifications; the table prescribes individual goods and the corresponding reduced or nil State Tax rates, and the notification is effective up to and inclusive of 30th September 2021.

Penalty waiver under GST law: waives penalties for registered persons' non-compliance during a specified relief period.
The notification waives the amount of penalty payable by any registered person under Section 125 of the Tamil Nadu Goods and Services Tax Act, 2017 for non-compliance with the April 2020 departmental notification for defaults occurring between 1 December 2020 and 30 September 2021; it supersedes the December 2020 notification and is deemed effective from 30 June 2021, without affecting matters done or omitted before the supersession.

Attribution of capital gains: rules allocate income under transfer provisions to retained assets and require valuation based allocation and electronic reporting.
Rules require attribution of amounts charged as income under subsection (4) of section 45 to retained capital assets for clause (iii) of section 48, treating amounts tied to short-term assets, blocks of assets, or self-generated assets/goodwill as short-term capital proceeds and amounts tied to other long-term retained assets as long-term. If excess consideration stems from revaluation or valuation supported by a registered valuer, allocation among retained assets must follow the proportionate increase in value; absent such valuation-related cause, or where the excess relates only to transferred assets, no attribution to retained assets is made. The specified entity must file prescribed electronic details and verification, and system authorities will set filing and security protocols.

Commencement provision: state notification appoints retrospective commencement date for GST amendment, bringing the provision into force.
Commencement of the amendment provision concerning the state GST statute is effected by executive notification appointing a prior date as the day on which that provision is to be treated as having come into force, thereby giving it retrospective effect through the state notification mechanism.

Extension of compliance deadlines under Bihar GST to preserve pending filings and proceedings after pandemic disruptions.
Time limits for actions under the Bihar GST Act falling between 15 April 2021 and 30 May 2021 are extended to 31 May 2021, covering proceedings, orders, notices and filings including appeals, replies, applications, reports, documents, returns and statements. Exceptions exclude Chapter IV, specified registration and enforcement provisions, most return filing provisions, e way bill requirements and rules under those provisions. Rule 9 timelines falling in May are extended to 15 June 2021. Refund rejection orders due in the period are extended until fifteen days after reply or 31 May 2021, whichever is later.

Refund procedure changes: withdrawal allowed and withholding/release mechanics revised under amended GST rules.
Amendments adjust timelines for revocation of registration to include extensions by senior officers; exclude the period between filing RFD-01 and communication of deficiencies in RFD-03 from the two year limitation for rectified refund claims; permit withdrawal of refund applications via FORM GST RFD-01W with restoration of any ledger debits; and revise withholding and release procedures by substituting a two part FORM GST RFD-07 and empowering officers to release withheld refunds when withholding conditions cease to exist.

GST return furnishing concession allows companies to submit GSTR 3B and GSTR 1/IFF verified by EVC during specified period.
The amendment inserts a proviso permitting persons registered under the Companies Act to furnish returns under section 39 in FORM GSTR-3B and outward-supply details under section 37 in FORM GSTR-1 or via the invoice furnishing facility, provided those filings are verified through an electronic verification code (EVC).

Reduced interest rates for delayed GST returns eased for March and April, with staged bands and retrospective effect.
Amendment inserts staged interest relief for delayed GST returns for March and April 2021: higher-turnover taxpayers face 9% interest for the first 15 days from the due date and 18% thereafter; lower-turnover and specified return categories receive nil for the first 15 days, 9% for the next 15 days, and 18% thereafter. The same bands apply to quarterly filers for the quarter ending March 2021. The amendment takes effect retrospectively from 18 April 2021 as an insertion into the existing notification.