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    <description>Conditional lowering of interest rates for registered persons required to furnish FORM GSTR 3B is provided for tax periods February, March and April 2020. Reduced or nil interest applies if returns are furnished by specified extended deadlines in June and July 2020, with different windows tied to distinct aggregate turnover bands. The amendment inserts provisos setting the rate of interest, classes of registered persons, applicable tax periods and the conditional filing deadlines, and is effective retrospectively from 20 March 2020.</description>
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