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of <h1>Rajasthan Reduces Interest Rates for Late GST Payments in March and April 2021 Under GST Act Amendments.</h1> The Government of Rajasthan has amended its notification under the Rajasthan Goods and Services Tax Act, 2017, to provide relief by reducing the interest rates for late GST payments for March and April 2021. Taxpayers with an aggregate turnover exceeding 5 crores will incur a 9% interest rate for the first 15 days after the due date, increasing to 18% thereafter. Taxpayers with a turnover up to 5 crores will have no interest for the first 15 days, 9% for the next 15 days, and 18% thereafter. This notification is effective from April 18, 2021.
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