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of <h1>Uttarakhand GST Amendment: New Interest Rates for Late Tax Payments Based on Turnover Effective April 18, 2021.</h1> The Government of Uttarakhand has amended a previous notification under the Uttarakhand Goods and Services Tax Act, 2017. The amendment specifies different interest rates for late tax payments based on the taxpayer's turnover. Taxpayers with a turnover exceeding 5 crores in the preceding financial year will incur a 9% interest rate for the first 15 days past the due date and 18% thereafter for March and April 2021. 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 amendment is effective from April 18, 2021.
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