GST return delay interest revised for GSTR-3B filers, with staggered nil-interest periods for specified taxpayer classes. Interest payable on delayed furnishing of GSTR-3B returns under the Uttar Pradesh Goods and Services Tax framework was revised by substituting the proviso to the relevant notification. The amended proviso applies to registered persons who are required to furnish returns in FORM GSTR-3B but fail to do so along with payment of tax by the due date, and prescribes the applicable rate of interest according to the class of registered person and the relevant tax period.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST return delay interest revised for GSTR-3B filers, with staggered nil-interest periods for specified taxpayer classes.
Interest payable on delayed furnishing of GSTR-3B returns under the Uttar Pradesh Goods and Services Tax framework was revised by substituting the proviso to the relevant notification. The amended proviso applies to registered persons who are required to furnish returns in FORM GSTR-3B but fail to do so along with payment of tax by the due date, and prescribes the applicable rate of interest according to the class of registered person and the relevant tax period.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
