43rd GST Council Meeting dated 28-05-2021 – Proposals

Part 3: Certain other COVID-19 related relaxations:

  • Extension of due date of filing GSTR-1/ IFF for the month of May 2021 by 15 days.
  • Extension of due date of filing GSTR-4 for FY 2020-21 to 31.07.2021.
  • Extension of due date of filing ITC-04 for QE March 2021 to 30.06.2021.
  • Cumulative application of rule 36(4) for availing ITC for tax periods April, May and June, 2021 in the return for the period June, 2021.
  • Filing of returns by companies using Electronic Verification Code (EVC), instead of Digital Signature Certificate (DSC) till 31.08.2021.
  • Time limit for completion of various actions, by any authority or by any person, under the GST Act, which falls during the period from 15th April, 2021 to 29th June, 2021, to be extended up-to 30th June, 2021, subject to some exceptions.

COVID-19 related relief Recommendations on various goods and services

S. NoItemsRelief
1Medical oxygen, oxygen concentrators and other oxygen storage and transportation equipment, certain diagnostic markers test kits and COVID-19 vaccinesExempt from GST till 31-08-2021.
2Amphotericin BExempt from GST till 31-08-2021.
3Diethylcarbamazine (DEC) tabletsGST Rate reduced to 5% from 12%
4Food supplied to an educational institution for programs like MidDay Meal.Exempt from GST
5Examination Fee charged by NBE or similar Central or State Educational BoardsExempt from GST
6Apartments constructed by Developer promoter and sold by Land Owner promoterLand Owner Promoter Utilize credit of GST charged by Developer promoter.
7MRO services in respect of ships/vesselsGST rate reduced to 5% from 18%
8Milling of wheat/paddy into flour/riceExempt if used for PDS. Taxable at 5% otherwise.
9Construction of rope-way for governmentTaxable at 18%
10Annuity payments received as deferred payment for the service by way of access to a road or a bridge.Exempt from GST
11Loans Guaranteed by government taken by its undertakings and PSUs from Banks and Financial InstitutionsExempt from GST

Shikhar Verma, Article Assistant,

SW India