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of <h1>Jharkhand GST Amendment: New Interest Rates for Late Payments Based on Turnover Effective April 2021.</h1> The Government of Jharkhand has amended Notification No. 49 - State Tax, dated June 29, 2017, under the Jharkhand Goods and Services Tax Act, 2017. Effective April 18, 2021, the amendment specifies interest rates for late tax payments for different taxpayer categories based on their annual turnover. Taxpayers with over 5 crores turnover will incur a 9% interest for the first 15 days and 18% thereafter for March and April 2021. Taxpayers with up to 5 crores turnover will incur no interest for the first 15 days, 9% for the next 15 days, and 18% thereafter for the same period.
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