GST department has given relief to Taxpayers on INTEREST part of their TAX Liability.
Relief in Payment of Interest to Normal Taxpayers filing Form GSTR-3B:
a. Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY (More than 5 crore).
| Tax period | Due Date | No interest payable till | Interest payable @ 9% from & till | Interest payable @ 18% from |
|---|---|---|---|---|
b. Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group A)
| Tax period | Due Date | No interest payable till | Interest payable @ 9% from & till | Interest payable @ 18% from |
|---|---|---|---|---|
c. Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group B)
| Tax period | Due Date | No interest payable till | Interest payable @ 9% from & till | Interest payable @ 18% from |
|---|---|---|---|---|
Interest Waiver of GST
Reviewed by GST accountant
on
July 01, 2020
Rating:
Reviewed by GST accountant
on
July 01, 2020
Rating:

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