https://www.taxtmi.com/circulars?id=67564 Clarifies calculation and applicability of COVID 19 GST relief: segmented interest treatment where an initial zero interest window applies after the return due date, followed by a reduced interest rate for a prescribed period and the normal rate thereafter; separate regimes are set for taxpayers above and below the aggregate turnover threshold. Confirms that late fee waiver is conditional on filing Form GSTR 3B by dates specified in notifications and that late fee is payable from the original due date if not so filed. Illustrative examples show day wise allocation of interest bands. en-us Fri, 14 Aug 2020 00:00:00 +0530 Mon, 24 Jun 2024 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67564 Clarifies calculation and applicability of COVID 19 GST relief: segmented interest treatment where an initial zero interest window applies after the return due date, followed by a reduced interest rate for a prescribed period and the normal rate thereafter; separate regimes are set for taxpayers above and below the aggregate turnover threshold. Confirms that late fee waiver is conditional on filing Form GSTR 3B by dates specified in notifications and that late fee is payable from the original due date if not so filed. Illustrative examples show day wise allocation of interest bands. Circulars GST - States Fri, 14 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67564