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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....the State Government is satisfied that it is expedient so to do in public interest; NOW, THEREFORE, In exercise of the powers conferred by sub-section (1) of section 50 of the Uttarakhand Goods and Services Tax Act, 2017 (Act No. 06 of 2017) read with section 148, the Governor, on the recommendations of the Council, is pleased to allow to make the following further amendment in notification of th....

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....erest (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 till 24th day of June, 2020 February, 2020, March 2020, April, 2020 2. Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year Nil till the 30th day of Jun....