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.

Late fee waiver for certain GST registrants grants limited additional time to file GSTR-3B returns for specified periods.
Amendment inserts a proviso waiving the late fee under section 47 for specified classes of registered persons who fail to furnish returns in FORM GSTR-3B by the due date, by specifying categories of taxpayers by aggregate turnover and the corresponding tax periods with defined additional waiver windows for filing. The notification is deemed to have come into force from an earlier specified date and is issued under the Bihar GST statute as an amendment to a prior departmental notification.

Return filing requirement: extension to furnish FORM GSTR-4 for the 2020-21 year, now due by the notified deadline.
Amendment requires specified persons to furnish returns in FORM GSTR-4 for the financial year ending 31 March 2021 by 31 May 2021, introduced by inserting a proviso into the earlier notification. The notification is issued under statutory authority and is declared to be deemed to have come into force from 30 April 2021.

Extension of GSTR-1 filing deadline: April 2021 outward supplies may be filed until the 26th day following the tax period.
The Commissioner amends S.O. 206 (23 December 2020) by inserting a proviso extending the time limit for furnishing details of outward supplies in FORM GSTR-1: registered persons required to furnish returns may submit GSTR-1 for the tax period April 2021 by the twenty-sixth day of the month succeeding that tax period, as provided in S.O. 109 dated 1 July 2021.

Cumulative input tax credit: May GSTR-3B must include cumulative adjustments; IFF allowed for prior month details.
The amendment requires the condition for availing input tax credit to be applied cumulatively for April and May 2021 and mandates that the FORM GSTR-3B return for May 2021 include cumulative input tax credit adjustments for those months; it also permits registered persons to furnish April 2021 details using the Invoice Furnishing Facility from 1 May 2021 until 28 May 2021.

Amendment of compliance deadlines extends prior notification cut-offs and declares an earlier deemed date of issue.
Revision of an earlier state tax notification substitutes the "31st day of March" with the "30th day of June" and the "01st day of April" with the "1st day of July" in the first paragraph, and declares the amendment to be deemed issued on the 30th day of March, 2021, under the statutory power exercised by the Governor on the Council's recommendation.

Tariff classification correction revises the notified code entry in the table by substituting one HS code for another.
A corrigendum corrects the English text of a prior State tax notification by amending the Table against Serial No. 8. The tariff code shown as 3804 94 is substituted with 3808 94, leaving the notification otherwise unchanged.

Customs mutual assistance agreements: Section 151B provisions extended to listed bilateral and multilateral CMAA, enabling administrative cooperation.
Provisions of section 151B of the Customs Act, 1962 are directed to apply to the listed agreements and arrangements on cooperation and mutual administrative assistance in Customs matters between India and specified contracting States, subject to the conditions, exceptions and qualifications contained in each agreement or arrangement, by exercise of the Central Government's power under sub section (2) of section 151B as notified on 1 July 2021.

Exchange rate determination for customs: specified currency rates govern conversion for imports and exports effective from the notification.
Under statutory authority of the Customs Act, the Board fixes conversion rates for specified foreign currencies for import and export goods, providing separate rates for imported and exported goods in Schedule I (unitary currencies) and Schedule II (per 100 currencies); the notification supersedes the prior exchange rate notification except as to past actions and makes the rates in the annexed schedules operative from the stated effective date.