Notification No. 04/2021 - Central Tax (Rate)

Amendment in Central Tax Rates (June 2021): The Central Government, based on the Council's recommendations, introduces crucial amendments in the Central Tax Rate Notification (June 2017).

Specific Change in Service Tax: Notably, against serial number 3 in the notification's Table, a modification is made in column (3), specifically concerning item (iv) after clause (f).

Temporary Rate Adjustment: A significant adjustment is announced, stating that from June 14, 2021, to September 30, 2021, the central tax on services specified in clause (f) will be uniformly levied at a reduced rate of 2.5%, irrespective of the regular rate.

Period of Applicability: The amended tax rate is applicable for a specific period, emphasizing a temporary measure in the wake of prevailing circumstances.

Official Notification Signature: The directive is officially signed by Rajeev Ranjan, Under Secretary to the Government of India, ensuring authenticity and compliance.

Communication to the Public: This amendment is communicated through the Gazette of India, Extraordinary, making the changes accessible to the public.

Continual Government Adjustments: The amendment underscores the government's proactive approach, adapting tax rates to current needs, fostering economic resilience.