Interest relief for delayed GST returns where eligible taxpayers receive nil or reduced interest if returns filed within extended deadlines. Inserts a proviso prescribing interest waiver or reduction for registered persons filing FORM GSTR-3B for February-April 2020: differential treatment by preceding-year aggregate turnover, specified nil or reduced interest rates linked to precise extended filing deadlines for each turnover class and tax period; relief applies only if the return is furnished in FORM GSTR-3B by the stated date. The notification is deemed effective from 20 March 2020.
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Provisions expressly mentioned in the judgment/order text.
Interest relief for delayed GST returns where eligible taxpayers receive nil or reduced interest if returns filed within extended deadlines.
Inserts a proviso prescribing interest waiver or reduction for registered persons filing FORM GSTR-3B for February-April 2020: differential treatment by preceding-year aggregate turnover, specified nil or reduced interest rates linked to precise extended filing deadlines for each turnover class and tax period; relief applies only if the return is furnished in FORM GSTR-3B by the stated date. The notification is deemed effective from 20 March 2020.
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