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of <h1>Tripura Amends GST Act to Lower Interest Rates for Late Returns Filed from February to April 2020.</h1> The Government of Tripura has amended its notification under the Tripura State Goods and Services Tax Act, 2017, to conditionally lower interest rates for late tax return filings for February to April 2020. Taxpayers with an annual turnover exceeding 5 crores will incur no interest for the first 15 days past the due date and 9% thereafter, if returns are filed by June 24, 2020. Those with turnovers between 1.5 crores and 5 crores, and up to 1.5 crores, will 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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