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of <h1>Uttar Pradesh Revises GST Late Payment Interest Rates for March-April 2021; Different Rates Based on Turnover Levels.</h1> The notification issued by the Uttar Pradesh government, effective from April 18, 2021, amends the interest rates on late GST payments for March and April 2021 under the Uttar Pradesh Goods and Services Tax Act, 2017. Taxpayers with an annual turnover exceeding Rs. 5 crores will incur a 9% interest rate for the first 15 days post-due date and 18% thereafter. Those with a turnover up to Rs. 5 crores will have no interest for the first 15 days, 9% for the next 15 days, and 18% thereafter. The same rates apply to taxpayers filing quarterly returns for March 2021.
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