Central Board of Indirect Taxes and Customs (CBIC)

CBIC is the central body for issuing notifications on various Indirect Taxes including Customs and circulates the notification in a timely manner on their website https://www.CBIC.gov.in/.

One can find notification relating to CBIC GST, Customs central excise, service tax & international travellers in India.

Latest notification on invoicing

As per CBIC HSN Code notification, registered taxpayers with aggregate turnover in the preceding financial year exceeding INR 5 crore would be required to issue invoices based on 6-Digit HSN code instead 4-Digit HSN code. It is mandatory to specify the number of digits of HSN Code for goods & Services.

As per latest CBIC GST notification 2021, CBIC GST Rate are as follows: -

5% Gst
12% Gst
18% Gst
28% Gst

There were further amendments to the GST rate due to covid essential goods and services.

There are further CBIC exchange rate notifications relevant to corresponding foreign currency which will regulate trade between nations and are widely accepted.

The exchange rate helps regulate import and export within the country.

A great initiative by the government is promoting digital India by providing CBIC login through ICE GATE https://www.icegate.gov.in/ where you can login and submit documents related to various customs.

For easy access to the CBIC notification you can visit https://www.mastersindia.co/CBIC-notification/ where a glossary of the latest CBIC notification is compiled and all the latest updates have been made available.

Latest Central Tax Notifications and Circulars

Notification No	Notification Date of Issue	English	हिन्दी	Subject
36/2021-Central Tax	2021-Sep-24 05:30:00	View	View	Seeks to amend Notification No. 03/2021 dated 23.02.2021.
35/2021-Central Tax	2021-Sep-24 05:30:00	View	View	Seeks to make amendments (Eighth Amendment, 2021) to the CGST Rules, 2017.
34/2021-Central Tax	2021-Aug-29 05:30:00	View	View	Seeks to extend timelines for filing of application for revocation of cancellation of registration to 30.09.2021, where due date for filing such application falls between 01.03.2020 to 31.08.2021, in cases where registration has been canceled under clause (b) or clause (c) of section 29(2) of the CGST Act.
33/2021-Central Tax	2021-Aug-29 05:30:00	View	View	Seeks to extend FORM GSTR-3B late fee Amnesty Scheme from 31.08.2021 upto 30.11.2021.
32/2021-Central Tax	2021-Aug-29 05:30:00	View	View	Seeks to make seventh amendment (2021) to CGST Rules, 2017.
31/2021-Central Tax	2021-Jul-30 05:30:00	View	View	Seeks to exempt taxpayers having AATO upto Rs. 2 crores from the requirement of furnishing annual return for FY 2020-21.
30/2021-Central Tax	2021-Jul-30 05:30:00	View	View	Seeks to amend Rule 80 of the CGST Rules, 2017 and notify Form GSTR 9 and 9C for FY 2020-21. Rule 80 provides for exemption from GSTR-9C to taxpayers having AATO upto Rs. 5 crores.
29/2021-Central Tax	2021-Jul-30 05:30:00	View	View	Seeks to notify section 110 and 111 of the Finance Act, 2021 w.e.f. 01.08.2021.
28/2021-Central Tax	2021-Jun-30 05:30:00	View	View	Seeks to waive penalty payable for non-compliance of provisions of Notification No. 14/2020 dated 21st March 2020
27/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to make amendments (Fifth Amendment, 2021) to the CGST Rules, 2017.
26/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to extend the due date for furnishing of FORM ITC-04 for QE March, 2021 to 30.06.2021.
25/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to extend the due date for filing FORM GSTR-4 for financial year 2020-21 to 31.07.2021.
24/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to amend notification no. 14/2021-Central Tax in order to extend due date of compliances which fall during the period from "15.04.2021 to 29.06.2021" till 30.06.2021.
23/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to amend Notification no. 13/2020-Central Tax to exclude government departments and local authorities from the requirement of issuance of e-invoice.
22/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to rationalize late fee for delay in filing of return in FORM GSTR-7.
21/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to rationalize late fee for delay in filing of return in FORM GSTR-4.
20/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to rationalize late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1.
19/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to rationalize late fee for delay in filing of return in FORM GSTR-3B ; and to provide conditional waiver of late fee for delay in filing FORM GSTR-3B from July, 2017 to April, 2021; and to provide waiver of late fees for late filing of return in FORM GSTR-3B for specified taxpayers and specified tax periods.
18/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to provide relief by lowering of interest rate for a specified time for tax periods March, 2021to May, 2021.
17/2021-Central Tax	2021-Jun-01 05:30:00	View	View	Seeks to extend the due date for FORM GSTR-1 for May, 2021 by 15 days.