Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Mizoram Amends GST Notification: New Interest Rates on Late Tax Payments for March-April 2021 Announced.</h1> The Government of Mizoram issued an amendment to Notification No. J.21011/1/2017-TAX-Vol-ll(ii), dated July 19, 2017, under the Mizoram Goods and Services Tax Act, 2017. Effective from April 18, 2021, the amendment specifies interest rates for late tax payments for March and April 2021. Taxpayers with turnovers above 5 crores will incur 9% interest for the first 15 days and 18% thereafter. Those with turnovers up to 5 crores will face no interest for the first 15 days, 9% for the next 15 days, and 18% thereafter. The notification applies to returns under specified sections of the Act.