Late fee waiver for delayed FORM GSTR-7 filing limits daily and aggregate liability for tax deduction returns.
Late fee for delay in furnishing FORM GSTR-7 by registered persons required to deduct tax at source is rationalised by waiving the amount payable under section 47 that exceeds twenty-five rupees for every day of default. The waiver applies to failure to furnish the return for the month of June, 2021 onwards by the due date. The aggregate late fee in excess of one thousand rupees also stands waived.

Late fee waiver for delayed GSTR-1 filing limits excess liability for specified classes of registered persons.
Late fee payable for delay in furnishing FORM GSTR-1 is rationalized for tax period June 2021 onwards, and the excess late fee under section 47 stands waived above the prescribed cap for registered persons who fail to furnish outward supplies by the due date. The capped amounts apply to registered persons with nil outward supplies, turnover up to rupees 1.5 crores, and turnover above rupees 1.5 crores up to rupees 5 crores in the preceding financial year.

Late fee waiver for delayed GSTR-3B returns expands relief for specified Uttar Pradesh GST taxpayers and filing periods.
Late fee payable for failure to furnish FORM GSTR-3B returns is waived for specified classes of registered persons and specified tax periods by inserting an additional proviso into the existing notification on late-fee relief under the Uttar Pradesh Goods and Services Tax framework. The waiver applies to taxpayers with aggregate turnover above the prescribed threshold for March 2021 and April 2021 for a fixed period from the due date of return filing, and to taxpayers with aggregate turnover up to the prescribed threshold who are required to furnish returns under the relevant return provisions for the same months, as well as for a specified quarterly tax period for taxpayers covered by the proviso to the return-filing provision.

Anti-dumping duty continuation on cold-rolled steel extended under Customs Tariff Act review and rule provisions.
The Central Government amended Notification No. 18/2017-Customs (ADD) to insert a paragraph stating that the anti-dumping duty on Cold-Rolled flat products of alloy or non-alloy steel from China PR, Japan, Korea RP and Ukraine shall remain in force up to and inclusive of 15th December, 2021, unless revoked, superseded or earlier amended. The extension was made pursuant to continuation review provisions of the Customs Tariff Act and the relevant anti-dumping rules following initiation of review by the designated authority.

Anti-dumping duty extension for hot-rolled flat steel imports from specified countries remains in force until 15 December 2021.
Amendment inserts a new paragraph in the principal notification providing that the anti-dumping duty on hot-rolled flat products of alloy or non-alloy steel from specified countries shall remain in force up to and inclusive of 15th December, 2021, unless revoked, superseded or amended earlier, thereby extending the temporal scope of the existing duty without changing the product coverage.

Anti-dumping duty extension on tyre curing presses from China extends levy through end of November, reinforcing continuation pending review.
Extension of Anti-Dumping Duty on Tyre Curing Presses from the People's Republic of China by substituting the prior terminal date in paragraph 3 of the principal notification, thereby prolonging the levy on goods under tariff item 8477 51 00. The amendment is effected under sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 and rules 18 and 23 of the Anti-dumping Rules, following a review initiation and request from the designated authority.

Customs duty exemption on palm oil applies reduced standard rates temporarily under notification, subject to subsequent rescission.
Exemption limits basic customs duty on specified palm oil tariff items by exempting any duty in excess of prescribed standard rates for imports; listed entries include crude palm oil and various palm derivatives. The notification took effect 30th June 2021 and operated through 30th September 2021, with an insertion effective 20th August 2021 and a subsequent rescission effective 11th September 2021.

Import policy amendment: unrestricted import of potatoes from Bhutan extended until 30 June 2022 without license.
The Central Government has amended import policy conditions to permit import of fresh or chilled potatoes (Exim code 07019000) from Bhutan without an import license, extending the licence-free import period until 30th June, 2022, under powers conferred by the FT (D&R) Act and relevant Foreign Trade Policy provisions.

GST compliance deadline extension relieves specified actions and filings under pandemic-related time limit provisions.
Extension of time limits for completion of specified actions and compliances under the Uttar Pradesh Goods and Services Tax Act, 2017, and the corresponding IGST and UTGST provisions, where the prescribed period fell between 15 April 2021 and 30 May 2021. The notification extends such deadlines to 31 May 2021 for proceedings, notices, orders, appeals, replies, applications and related records, subject to express exclusions and a separate extension under rule 9 up to 15 June 2021.

Anti-dumping duty extension on glazed/vitrified porcelain tiles from China PR continued through end of year under Customs Tariff provisions.
Extension of anti-dumping duty on Glazed/Unglazed Porcelain/Vitrified tiles in polished or unpolished finish with less than three percent water absorption, originating in or exported from China PR, by substituting the earlier expiry date in paragraph 3 of Notification No. 29/2017-Customs (ADD) so as to continue the levy of the anti-dumping duty on the specified subject goods.

Enterprise classification criteria drive reclassification and Udyam online registration based on self-declaration and linked tax data.
A composite test of investment in plant and machinery or equipment and turnover determines micro, small or medium status; aggregation applies to all units with the same PAN across GSTINs. Udyam Registration is an online, self-declaration based process issuing a permanent Udyam Registration Number and e-certificate; calculation of investment and turnover is linked to Income Tax Returns, PAN and GST data, with temporary self-declaration relief for new enterprises until first ITR. Updates, re-registration by existing registrants, transitional protections for graduation, and single-window facilitation and grievance mechanisms are prescribed.

Vivad se Vishwas deadline extensions extend filing and payment timelines for scheme participation and claims.
Amendments to the notification under the Direct Tax Vivad se Vishwas Act, 2020 substitute later deadlines in clauses (b) and (c) of the earlier notification and insert a new clause (d) fixing the last date under clause (l) of sub section (1) of section 2 of the Act; the notification comes into force upon publication in the Official Gazette.

Time-limit extensions for income-tax compliance extended to September deadline under the relief act, covering assessments, penalties and Aadhaar intimations.
Extensions under the relief Act further postpone income tax assessment and reassessment time limits to the end of September; extend the period for imposition of penalties with specified end dates; extend the deadline for Aadhaar intimation to the prescribed authority to the end of September; and extend to the end of September the time limit for sending certain intimations under the Finance Act chapter concerned, thereby modifying earlier notifications.

Tax liability timing clarified: taxpayers must account tax in the period containing issuance of completion certificate or first occupation.
Amendment substitutes wording in the first paragraph of Notification No. 06/2019 to (a) replace the actor phrase with "who shall" and (b) require tax to be accounted "in the tax period not later than the tax period in which the date of issuance of the completion certificate for the project, where required, by the competent authority or date of its first occupation, whichever is earlier, falls." The notification is deemed effective from 2 June 2021.

Input tax credit eligibility extended to landowner-promoters for apartments; ship maintenance services newly specified in the rate table.
The notification permits a landowner-promoter to utilise input tax credit charged by the developer-promoter for payment of tax on apartments supplied by the landowner-promoter in the project, and inserts maintenance, repair or overhaul services for ships and other vessels, their engines and components, as a distinct Table entry with updated rate and cross-references; the amendment is effective from the 2nd day of June, 2021.

GST classification amendment: tariff code substitution and addition of Diethylcarbamazine under GST law, effective from early June.
The State GST rate notification substitutes the Schedule I entry for item 259A by replacing column (2) with tariff heading "9503" and inserts "Diethylcarbamazine" as serial 231 in List 1; the amendment affects applicability of the 2.5% State GST rate to those goods and is deemed effective from 2 June 2021.

Tariff classification correction: notification amended to replace 3804 94 with 3808 94 in the specified table entry.
The English version of Notification No. F.12(1)FD/Tax/2021-28 dated 14 June 2021 is corrected: in the Table at Sl. No. 8, column (2), the tariff heading "3804 94" shall be read as "3808 94," as issued by the Finance Department (Tax Division) as a formal corrigendum.

Companies (Accounting Standards) Rules require companies to apply specified Accounting Standards and outline SMC exemptions and disclosure obligations.
Notification prescribes the Companies (Accounting Standards) Rules, 2021, specifying Accounting Standards 1-5, 7 and 9-29 for companies not subject to Ind AS, effective for periods commencing on or after 1 April 2021. Every company (except those to which Ind AS apply) and its auditors must comply with these Accounting Standards in preparing financial statements. The rules define a Small and Medium Sized Company (SMC), permit limited exemptions or relaxations for SMCs subject to disclosure, and require a two period SMC continuity test before new SMC reliefs apply.

Concessional SGST for Covid-19 relief supplies: specified medical goods subject to reduced or nil state tax rates until expiry.
Concessional SGST is provided on specified Covid-19 relief goods by exempting or capping State tax on listed tariff items, with each item assigned either nil or reduced state rates. The list includes medical oxygen, specified drugs, diagnostic and testing kits, sanitizers, respiratory support devices, monitoring equipment, ambulances and crematorium furnaces. The concession is effected by reference to Customs Tariff classifications and limits SGST collectible under section 9 of the Goa Act.

Temporary state tax reduction on specified services applied for a limited period under Goa GST notification.
The amendment inserts a proviso in the existing notification providing that, for a specified limited period, the State tax on the services described in the relevant clause shall be levied at a single prescribed rate irrespective of the rate shown in the notification's rate column.