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of <h1>Haryana Lowers Interest Rates for Delayed GST Payments Amid COVID-19; Relief for Taxpayers with Varied Turnover Levels.</h1> The Haryana Government's Excise and Taxation Department issued a notification on July 21, 2020, amending a previous notification to provide relief by lowering the interest rate for delayed tax payments under the Haryana Goods and Services Tax Act, 2017. For taxpayers with an aggregate turnover exceeding Rs. 5 crores, the interest rate is nil for the first 15 days from the due date and 9% thereafter until June 24, 2020, for tax periods from February to April 2020. For those with a turnover up to Rs. 5 crores, the interest rate is nil until specified dates in 2020, followed by 9% until September 30, 2020, for tax periods from February to July 2020.
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