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    <title>Fixes the rate of interest per annum.</title>
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    <description>Prescribes the rate of interest per annum under specified provisions of the Tamil Nadu Goods and Services Tax Act, 2017 for (i) interest under section 50(1), (ii) increased interest under section 50(3), (iii) interest under section 54(12) for refunds, (iv) interest under section 56 for recovery, and (v) the proviso to section 56; each category is assigned a corresponding annual percentage rate and the notification takes effect from 1 July 2017.</description>
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