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of <h1>Uttarakhand Amends Interest Rates on Late Tax Payments for 2020; Different Rates Based on Turnover Under GST Act 2017.</h1> The Government of Uttarakhand issued a notification to amend the interest rate on late tax payments under the Uttarakhand Goods and Services Tax Act, 2017, for the period from February to July 2020. For taxpayers with an aggregate turnover exceeding Rs. 5 crores, the interest rate is nil for the first 15 days from the due date, then 9% until June 24, 2020. For those with a turnover up to Rs. 5 crores, the interest rate is nil until specified dates in June and July 2020, and 9% thereafter until September 30, 2020, varying by tax period.
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