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

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....ection (1) of section 50 of the Odisha Goods and Services Tax Act. 2017 (Odisha Act 7 of 2017) 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 further amendment in the notification of the Government of Odisha in the Finance Department No. 19825-FIN-CT1-TAX-0022/2017, dated the 29th June, 2017, p....

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.... (4), in the heading, for the words "Tax period", the words "Month/Quarter" shall be substituted; (iii) in the Table for serial number 3, 4, 5 and 6 and the entries against them, the following serial numbers and the entries against them shall be substituted under appropriate column, namely: - (1) (2) (3) (4) "3. Taxpayers having an aggregate turnover of more than rupees ....

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....receding financial year who are liable to furnish the return as specified under proviso to sub-section (1) of section 39 Nil for the first 15 days from the due date, 9 per cent for the next 45 days 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 t....