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    <title>Notification on Fixes Interest Rates per annum under the Act.</title>
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    <description>Fixes the rate of interest per annum under specified provisions of the State Goods and Services Tax Act for delayed payments, assessment-related defaults, refunds and the proviso to the refund provision. The notification prescribes differentiated annual interest rates: delayed payment provision at 18% per annum; extended-default provision at 24% per annum; refund-related provisions at 6% per annum; and the proviso to the refund provision at 9% per annum. These rates take effect from the notification&#039;s commencement date.</description>
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    <pubDate>Fri, 30 Jun 2017 00:00:00 +0530</pubDate>
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      <description>Fixes the rate of interest per annum under specified provisions of the State Goods and Services Tax Act for delayed payments, assessment-related defaults, refunds and the proviso to the refund provision. The notification prescribes differentiated annual interest rates: delayed payment provision at 18% per annum; extended-default provision at 24% per annum; refund-related provisions at 6% per annum; and the proviso to the refund provision at 9% per annum. These rates take effect from the notification&#039;s commencement date.</description>
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      <pubDate>Fri, 30 Jun 2017 00:00:00 +0530</pubDate>
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