Interest on late GST returns: staggered nil-periods and post-grace interest for turnover classes tied to specified filing deadlines. Amendment prescribes differentiated interest treatment for delayed furnishing of FORM GSTR-3B returns and tax payment for specified months of early 2020, setting interest rates tied to preceding-year turnover classes, specified tax periods, and conditional extended filing dates; the amendment is effective retrospectively from 20 March 2020.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interest on late GST returns: staggered nil-periods and post-grace interest for turnover classes tied to specified filing deadlines.
Amendment prescribes differentiated interest treatment for delayed furnishing of FORM GSTR-3B returns and tax payment for specified months of early 2020, setting interest rates tied to preceding-year turnover classes, specified tax periods, and conditional extended filing dates; the amendment is effective retrospectively from 20 March 2020.
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