Seeks to provide relief by lowering of interest rate for the month of March and April, 2021

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.... conferred by sub-sections (1) and (3) of section 50, sub-section (12) of section 54 and section 56 of the Tripura State Goods and Services Tax Act, 2017 (Tripura Act No.9 of 2017), the State Government, on the recommendations of the Council, hereby fixes the rate of interest per annum, for the purposes of the sections as specified in column (2) of the Table below, as mentioned in the correspondin....

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....mely :-- Table SI. No. Class of registered persons Rate of interest Tax period (1) (2) (3) (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....

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....eafter till the 30th day of September, 2020 July, 2020 3 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 4 Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year who are liable to fur....

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....ication shall be deemed to have come into force with effect from the 18th day of April, 2021. 3. This is in supersession of this Department's notification number F.1-11(91)-TAX/GST/2017(Part-III), dated the 29th June, 2017, published in the Tripura Gazette, Extraordinary Issue, vide number 221 dated 29th June, 2017, notification number F.1-11(91)-TAX/GST/2020(Part-IV), dated the 21st May, 2....