Interest relief for delayed GST returns permits nil or reduced interest if returns are filed by specified conditional dates. The amendment to Notification No.13/2017-State Tax establishes an interest relief scheme for registered persons who did not furnish FORM GSTR-3B for specified early-2020 tax periods. It classifies taxpayers by turnover and prescribes nil or reduced interest when the return is furnished by the conditional dates set for each tax period and turnover bracket, thereby altering the interest payable for late returns under the cited notification, effective from the stated retrospective date.
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Provisions expressly mentioned in the judgment/order text.
Interest relief for delayed GST returns permits nil or reduced interest if returns are filed by specified conditional dates.
The amendment to Notification No.13/2017-State Tax establishes an interest relief scheme for registered persons who did not furnish FORM GSTR-3B for specified early-2020 tax periods. It classifies taxpayers by turnover and prescribes nil or reduced interest when the return is furnished by the conditional dates set for each tax period and turnover bracket, thereby altering the interest payable for late returns under the cited notification, effective from the stated retrospective date.
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