GST exemptions and rate changes extended for COVID items; amnesty and fee rationalisation introduced to ease compliance burdens.
Extension of GST Exemptions for specified COVID 19 items until 31 August 2021 and a targeted suite of clarifications and rate changes: exemption of mid day meal services to educational institutions; exemption of fee based examination services by recognised boards; permitted utilisation of input tax credit by land owner promoters with developer discharge rules; reduction of MRO services for ships to 5%; B2B place of supply as recipient location; conditional exemption/5% rate for milling services for PDS distribution; GST on annuity road payments; and specified rates for rope way construction and other services. (AI Summary)

GST compliance by insolvency professionals: obtain distinct registration, claim first-return input tax credit, and access cash-ledger refunds.
When an insolvency resolution professional assumes control of a corporate debtor, the professional must obtain a distinct GST registration (unless all returns were filed prior to appointment), file an initial return covering appointment to registration, claim input tax credit in that first return even where invoices bear the corporate debtor's GST identifier without complying with normal temporal and reconciliation limits, and may obtain refund of unutilized cash-ledger balances deposited under the erstwhile registration. (AI Summary)