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of <h1>Jharkhand GST Update: New Interest Rates for Late GSTR-3B Filing Based on Turnover, Effective March 2020.</h1> The notification amends a previous state tax notification under the Jharkhand Goods and Services Tax Act, 2017. It specifies new interest rates for late filing of GSTR-3B returns for taxpayers based on their aggregate turnover. Taxpayers with a turnover over 5 crores will incur no interest for the first 15 days post due date, followed by 9% interest. 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. The amendment is effective from March 20, 2020.
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