Seeks to provide relief by lowering of interest rate for a specified time for tax periods March, 2021, April, 2021 and May, 2021 - F.12(1)FD/Tax/2021-15 - Rajasthan SGST
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Interest rate relief for delayed GST payment temporarily lowers late-interest tiers for specified tax periods. The notification amends the first proviso to broaden the description to persons liable to pay tax but fail to do so, retitles the table heading to 'Month/Quarter,' and substitutes table entries specifying staged, reduced interest rates for specified tax periods in March, April and May 2021, distinguishing taxpayers by aggregate turnover and return-filing category; the amendment is effective from 18 May 2021.
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Provisions expressly mentioned in the judgment/order text.
Interest rate relief for delayed GST payment temporarily lowers late-interest tiers for specified tax periods.
The notification amends the first proviso to broaden the description to persons liable to pay tax but fail to do so, retitles the table heading to "Month/Quarter," and substitutes table entries specifying staged, reduced interest rates for specified tax periods in March, April and May 2021, distinguishing taxpayers by aggregate turnover and return-filing category; the amendment is effective from 18 May 2021.
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