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of <h1>Andhra Pradesh GST Update: Conditional Interest Rate Reduction for Late Tax Returns from Feb to April 2020.</h1> The Government of Andhra Pradesh, under the Andhra Pradesh Goods and Services Tax Act, 2017, has amended a previous notification to provide relief by conditionally lowering the interest rate for late tax returns for the periods of February to April 2020. Taxpayers with a turnover exceeding 5 crores will incur no interest for the first 15 days post due date, and 9% thereafter, if returns are filed by June 24, 2020. Those with turnovers between 1.5 to 5 crores, and up to 1.5 crores, incur no interest if returns are filed by specified dates in June and July 2020. This amendment is effective from March 20, 2020.
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