Notification to provide relief to taxpayers by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020.

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....of the Odisha Goods and Services Tax Act, 2017 (Odisha Act 7 of 2017) (hereafter in this notification referred to as the said Act), read with section 148 of the said Act, the State Government, on the recommendations of the Goods and Services Tax Council, do hereby make the following amendment in the notification of the Government of Odisha in Finance Department No. 19825-FIN-CT1-TAX-0022/2017, dat....

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....n (5) of the said Table, namely:-- Table Serial Number Class of registered persons Rate of interest Tax period Condition (1) (2) (3) (4) (5) 1. Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year Nil for first 15 days from the due date, and 9 per cent thereafter February, 2020, March 2020, April, 2020 If return in FORM GSTR-3B is fur....