https://www.taxtmi.com/notifications?id=135731 The notification revises Central Tax interest provisions to prescribe phased interest treatment for delayed GST payments for specified months: it substitutes return-focused wording with a liability-to-pay formulation, replaces "Tax period" with "Month/Quarter," and sets differentiated interest windows and rates by aggregate turnover and return-filing category, with an initial interest-free or lower-rate period followed by an intermediate reduced rate and then a higher rate; the amendment is deemed effective retrospectively from an earlier date. en-us Tue, 01 Jun 2021 00:00:00 +0530 Wed, 02 Jun 2021 09:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=135731 The notification revises Central Tax interest provisions to prescribe phased interest treatment for delayed GST payments for specified months: it substitutes return-focused wording with a liability-to-pay formulation, replaces "Tax period" with "Month/Quarter," and sets differentiated interest windows and rates by aggregate turnover and return-filing category, with an initial interest-free or lower-rate period followed by an intermediate reduced rate and then a higher rate; the amendment is deemed effective retrospectively from an earlier date. Notifications GST Tue, 01 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=135731