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of <h1>Telangana GST Act: Conditional Interest Relief for Feb-Apr 2020 Tax Periods Due to COVID-19 Announced.</h1> The Government of Telangana issued a notification under the Telangana Goods and Services Tax Act, 2017, providing conditional interest relief for tax periods from February to April 2020 due to COVID-19. Taxpayers with an aggregate turnover above 5 crores will incur no interest for the first 15 days past the due date, and 9% thereafter if returns are filed by June 24, 2020. Those with turnovers between 1.5 to 5 crores, and up to 1.5 crores, will incur no interest if returns are filed by specified dates in June and July 2020. This notification is effective from March 20, 2020.
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