Seeks to provide relief by lowering of interest rate for a specified time for tax periods March, 2021 to May, 2021

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.... 18/2021 - State Tax MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017. No. GST.1021/C.R. 56/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) (hereinafter in this notification referred to as the "said Act"), read with section 148 of the said Act, the Government of Maharashtra, on the recommen....

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.... (iii) in the Table, for serial number 4, 5, 6 and 7, the following shall be substituted, namely: - 1) (2) (3) (4) "4. Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year 9 per cent for the first 15 days from the due date and 18 per cent thereafter March, 2021, April, 2021 and May, 2021 5. Taxpayers having an aggregate ....

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...., and 18 per cent thereafter March, 2021 Nil for the first 15 days from the due date, 9 per cent for the next 30 days, and 18 per cent thereafter April, 2021 Nil for the first 15 days from the due date, 9 per cent for the next 15 days, and 18 per cent thereafter May, 2021 7. Taxpayers who are liable to furnish the return as specified under sub-section (2) of section 39 Nil ....