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of <h1>West Bengal Reduces GST Late Filing Interest Rates for February-April 2020; Different Deadlines for Various Turnover Brackets.</h1> The Government of West Bengal has issued a notification to provide relief to taxpayers by conditionally lowering the interest rate for late filing of GST returns for the tax periods of February to April 2020. Taxpayers with an aggregate turnover of more than 5 crores will have a nil interest rate for the first 15 days after the due date, followed by a 9% rate if returns are filed by June 24, 2020. Taxpayers with turnovers between 1.5 to 5 crores and up to 1.5 crores have different deadlines in June and July 2020 to avoid interest charges. This notification is effective from March 20, 2020.
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