Notification to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020 under the HGST Act, 2017. - 57/GST-2 - Haryana SGST

HARYANA GOVERNMENT EXCISE AND TAXATION DEPARTMENT Notification The 21st July, 2020 No. 57/GST-2 .- In exercise of the powers conferred by sub-section (1) of section 50 read with section 148 of the Haryana Goods and Services Tax Act, 2017 (19 of 2017), the Governor of Haryana, on the recommendations of the Council, hereby makes the following amendment in the Haryana Government, Excise and Taxation Department, Notification No.45/ST-2, dated the 30th June, 2017, namely:- Amendment In the Haryana Government, Excise and Taxation Department, Notification No.45/ST-2, dated the 30th June, 2017, for the existing third paragraph, the following paragraph shall be substituted, namely: 3. The rate of interest per annum shall be as specified in column (3) of the Table given below for the period mentioned therein, for the class of registered persons mentioned in the corresponding entry in column (2) of the said Table, who are required to furnish the returns in FORM GSTR-3B , but fail to furnish the said return along with payment of tax for the months mentioned in the corresponding entry in column (4) of the said Table by the due date, namely:-- Table Serial Number (1) Class of registered persons (2) Rate of interest (3) Tax period (4) 1. Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year Nil for first 15 days from the due date, and 9 percent thereafter till 24 th day of June, 2020 February, 2020, March 2020, April, 2020 2. Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year Nil till the 30th day of June, 2020, and 9 percent thereafter till the 30th day of September, 2020 February, 2020 Nil till the 5th day of July, 2020, and 9 percent thereafter till the 30th day of September, 2020 March, 2020 Nil till the 9th day of July, 2020, and 9 percent thereafter till the 30th day of September, 2020 April, 2020 Nil till the 15th day of September, 2020, and 9 percent thereafter till the 30th day of September, 2020 May, 2020 Nil till the 25th day of September, 2020, and 9 percent thereafter till the 30th day of September, 2020 June, 2020 Nil till the 29th day of September, 2020, and 9 percent thereafter till the 30th day of September, 2020 July, 2020. . ANURAG RASTOGI, Principal Secretary to Government, Haryana, Excise and Taxation Department.