GST interest relief framework fixes concessional late-filing rates for specified taxpayers and return periods under Tripura law. The Tripura GST notification fixes the rate of interest under provisions relating to delayed payment of tax, refund-related interest and recovery-related interest, and creates a concessional framework for late filing of FORM GSTR-3B for March 2021 and April 2021. It applies differentiated interest rates based on turnover and filing category, including phased nil, 9 per cent and 18 per cent rates for specified registered persons and quarterly filers, and is deemed to have come into force from 18 April 2021.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST interest relief framework fixes concessional late-filing rates for specified taxpayers and return periods under Tripura law.
The Tripura GST notification fixes the rate of interest under provisions relating to delayed payment of tax, refund-related interest and recovery-related interest, and creates a concessional framework for late filing of FORM GSTR-3B for March 2021 and April 2021. It applies differentiated interest rates based on turnover and filing category, including phased nil, 9 per cent and 18 per cent rates for specified registered persons and quarterly filers, and is deemed to have come into force from 18 April 2021.
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