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    <title>Provides relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020</title>
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    <description>Temporary reduction of interest for late filing and payment in FORM GSTR-3B for tax periods February to July 2020 by substituting the first proviso of the earlier notification. The amendment differentiates between taxpayers by aggregate turnover and principal place of business: larger turnover taxpayers receive a short interest free grace from each return due date, while smaller turnover taxpayers receive staggered, state wise extended interest free periods for specified months, after which the prescribed interest applies. The amendment is effective retrospectively from the stated effective date.</description>
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    <pubDate>Mon, 29 Jun 2020 00:00:00 +0530</pubDate>
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      <title>Provides relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020</title>
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      <description>Temporary reduction of interest for late filing and payment in FORM GSTR-3B for tax periods February to July 2020 by substituting the first proviso of the earlier notification. The amendment differentiates between taxpayers by aggregate turnover and principal place of business: larger turnover taxpayers receive a short interest free grace from each return due date, while smaller turnover taxpayers receive staggered, state wise extended interest free periods for specified months, after which the prescribed interest applies. The amendment is effective retrospectively from the stated effective date.</description>
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      <pubDate>Mon, 29 Jun 2020 00:00:00 +0530</pubDate>
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