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    <title>Seeks to provide relief by lowering of interest rate for a specified time for tax periods March, 2021, April, 2021 and May, 2021</title>
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    <description>Amendment revises the GST interest schedule for March, April and May tax periods by substituting the liability phrasing, changing the table heading to month/quarter and prescribing a staggered interest regime: higher-turnover taxpayers receive a short concessional rate followed by the standard rate; lower-turnover taxpayers and specified return categories receive an initial nil-interest window followed by stepped rates before the standard rate applies. The changes differentiate monthly and quarterly filers and are effective from a specified date in May 2021 as a temporary relief measure.</description>
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    <pubDate>Wed, 16 Jun 2021 00:00:00 +0530</pubDate>
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      <title>Seeks to provide relief by lowering of interest rate for a specified time for tax periods March, 2021, April, 2021 and May, 2021</title>
      <link>https://www.taxtmi.com/notifications?id=135926</link>
      <description>Amendment revises the GST interest schedule for March, April and May tax periods by substituting the liability phrasing, changing the table heading to month/quarter and prescribing a staggered interest regime: higher-turnover taxpayers receive a short concessional rate followed by the standard rate; lower-turnover taxpayers and specified return categories receive an initial nil-interest window followed by stepped rates before the standard rate applies. The changes differentiate monthly and quarterly filers and are effective from a specified date in May 2021 as a temporary relief measure.</description>
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      <pubDate>Wed, 16 Jun 2021 00:00:00 +0530</pubDate>
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