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[F. No. CBIC-20001/5/2021-GST]
Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs
New Delhi, the 30th July, 2021
Notification No. 29/2021 – Central Tax: Seeks to notify section 110 and 111 of the Finance Act, 2021 w.e.f. 01.08.2021.
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii)]
S.O......(E). - In exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance Act, 2021 (13 of 2021), the Central Government hereby appoints the 1st day of August, 2021, as the date on which the provisions of sections 110 and 111 of the said Act shall come into force.
(Rajeev Ranjan)
Under Secretary to the Government of India
📚 Frequently Asked Questions (FAQs): Notification No. 29/2021 – Central Tax
Q1: What does Notification No. 29/2021 – Central Tax specify?
Answer:
Notification No. 29/2021 – Central Tax, issued on 30th July 2021, notifies that the provisions of Sections 110 and 111 of the Finance Act, 2021, will come into effect from 1st August 2021.
Q2: Which sections of the Finance Act, 2021, are enforced by this notification?
Answer:
This notification brings into force Section 110 and Section 111 of the Finance Act, 2021.
Q3: What is the effective date of Notification No. 29/2021 – Central Tax?
Answer: The effective date is 1st August 2021.
Q4: Why is this notification important for taxpayers?
Answer:
It ensures clarity regarding the enforcement of provisions under the Finance Act, 2021, helping businesses stay GST-compliant.
Q5: How can businesses ensure compliance with changes introduced by Section 110 and 111?
Answer:
Businesses should consult GST professionals from Finodha for expert guidance on compliance, filing, and registration.
Q6: Where can I file GST Returns in line with this update?
Answer:
You can file GST returns online through Finodha’s GST Return Filing Service for seamless compliance.
Q7: Does this notification apply to all taxpayers under GST?
Answer:
Yes, the provisions apply to all taxpayers covered under the Finance Act, 2021, who fall under the scope of Sections 110 and 111.
Q8: What support is available for businesses impacted by this change?
Answer:
Businesses can seek support through services like GST Compliance, GST Registration, and Private Limited Company Compliance.
Download PDF: Notification No. 29/2021 – Central Tax
More Information: https://taxinformation.cbic.gov.in/
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