TMI BlogFixes the rate of interest per annumX X X X Extracts X X X X X X X X Extracts X X X X ..... able below as mentioned in the corresponding entry in column (3) of the said Table, namely:- TABLE Sl. No. Section Rate of interest (1) (2) (3) 1. Section 21 of the Union Territory Goods and Services Tax Act, 2017 read with subsection (1) of section 50 of the Central Goods and Services Tax Act, 2017. 18 per cent. 2. Section 21 of the Union Territory Goods and Services Tax Act, 2017 read with subsection (3) of section 50 of the Central Goods and Services Tax Act, 2017. 7 [ 18 per cent. ] 3. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9 per cent thereafter till 24th 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, whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep Nil till the 30th day of June, 2020, and 9 per cent thereafter till the 30th day of September, 2020 February, 2020 Nil till th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... March, 2020 Nil till the 9th day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 April, 2020 Nil till the 15th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 May, 2020 Nil till the 25th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 June, 2020 Nil till the 29th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 July, 2020. ] 6 [ 4. Taxpayers having an aggregate turnover of more than rupees 5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sub-section (2) of section 39 Nil for the first 15 days from the due date, 9 per cent for the next 45 days, and 18 per cent thereafter Quarter ending March, 2021 ] 2. This notification shall come into force with effect from the 1st day of July, 2017. [F. No. S-31011/25/2017-ST-I-DOR] S. R. MEENA, Under Secy. *************** NOTES:- 1. Inserted vide NOTIFICATION No. 1/2020 Union Territory Tax dated 08-04-2020 w.e.f. 20-03-2020 2. Substituted vide Notification No. 02/2020 Union Territory Tax dated 24-06-2020 before it was read as 1 [ Provided that, the rate of interest per annum shall be as specified in column (3) of the Table given below, for the c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... GSTR-3B is furnished on or before the 29th day of June, 2020 April, 2020 If return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020 3. Taxpayers having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year Nil February, 2020 If return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020 March, 2020 If return in FORM GSTR-3B is furnished on or before the 3rd day of July, 2020 April, 2020 If return in FORM GSTR-3B is furnished on or before the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r who are liable to furnish the return as specified under proviso to sub-section (1) of section 39 Nil for the first 15 days from the due date, 9 per cent for the next 15 days, and 18 per cent thereafter March, 2021, April, 2021 7. Taxpayers who are liable to furnish the return as specified under sub-section (2) of section 39 Nil for the first 15 days from the due date, 9 per cent for the next 15 days, and 18 per cent thereafter Quarter ending March, 2021. ] 7. Substituted vide Section 115 of Finance Act, 2022 read with ( Eighth Schedule ) w.e.f. 01-07-2017 before it was read as, 24 per cent. - Noti ..... X X X X Extracts X X X X X X X X Extracts X X X X
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