Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020.
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....ax MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017. No. GST. 1020 / C.R. 66 / Taxation-1.- In exercise of the powers conferred by sub-section (1) of section 50 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017) (hereafter in this notification referred to as the "said Act"), read with section 148 of the said Act, the Government of Maharashtra, on the recommendations of the Coun....
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.... with payment of tax for the months mentioned in the corresponding entry in column (4) of the said Table by the due date, namely :- TABLE S. No. (1) Class of registered persons (2) Rate of interest (3) Tax period (4) 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 t....