Wait...

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Date: 24-06-2020
Notification No: Notification No. 02/2020 – Union Territory Tax
Issuing Authority: GST  
Type: Union Territory Tax
File No: F. No. CBEC-20/06/09/2019-GST
Subject: Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020.

Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs

Notification No. 02/2020 – Union Territory Tax

New Delhi, the 24th June, 2020

G.S.R.....(E).— In exercise of the powers conferred by section 21 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), read with sub-section (1) of section 50 and section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on the recommendations of the Council, hereby makes the following further amendment in notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 10/2017 – Union Territory Tax, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 747(E), dated the 30th June, 2017, namely:–

In the said notification, in the first paragraph, for the first proviso, the following proviso shall be substituted, namely: –

“Provided that the rate of interest per annum shall be as specified in column (3) of the Table given below for the period mentioned therein, for the class of registered persons mentioned in the corresponding entry in column (2) of the said Table, who are required to furnish the returns in FORM GSTR-3B, but fail to furnish the said return along with payment of tax for the months mentioned in the corresponding entry in column (4) of the said Table by the due date, namely:--

   

S.

No. (1)

Class of registered persons

 

 

(2)

Rate of interest (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

February, 2020, March

 

 

thereafter    till    24th day of June, 2020

2020, April,

2020

2.

Taxpayers having an aggregate turnover of up

Nil till the 30th day of

February,

 

to rupees 5 crores in the preceding financial

June, 2020, and 9 per

2020

 

year, whose principal place of business is in the

cent   thereafter    till

 

 

States    of   Chhattisgarh,    Madhya    Pradesh,

the    30th     day    of

 

 

Gujarat, Maharashtra, Karnataka, Goa, Kerala,

September, 2020

 

 

Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep

 

 

Nil till the 3rd day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020

March, 2020

 

 

Nil till the 6th day of

April, 2020

 

 

July, 2020, and 9 per

 

 

 

cent   thereafter    till

 

 

 

the    30th     day    of

 

 

 

September, 2020

 

 

 

Nil till the 12th day of

May, 2020

 

 

September,      2020,

 

 

 

and    9     per     cent

 

 

 

thereafter till the 30th

 

 

 

day of September,

 

 

 

2020

 

 

 

Nil till the 23rd day

June, 2020

 

 

of September, 2020,

 

 

 

and    9     per     cent

 

 

 

thereafter till the 30th

 

 

 

day of September,

 

 

 

2020

 

 

 

Nil till the 27th day

July, 2020

 

 

of September, 2020,

 

 

 

and 9 per cent thereafter till the 30th day of September, 2020

 

3.

Taxpayers having an aggregate turnover of up

Nil till the 30th day of

February,

 

to rupees 5 crores in the preceding financial

June, 2020, and 9 per

2020

 

year, whose principal place of business is in the

cent   thereafter    till

 

 

States     of     Himachal      Pradesh,     Punjab,

the    30th     day    of

 

 

Uttarakhand,     Haryana,     Rajasthan,     Uttar

September, 2020

 

 

Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi

 

 

Nil till the 5th day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020

March, 2020

 

 

Nil till the 9th day of

April, 2020

 

 

July, 2020, and 9 per

 

 

 

cent   thereafter    till

 

 

 

the    30th     day    of

 

 

 

September, 2020

 

 

 

Nil till the 15th day of

May, 2020

 

 

September,      2020,

 

 

 

and    9     per     cent

 

 

 

thereafter till the 30th

 

 

 

day of September,

 

 

 

2020

 

 

 

Nil till the 25th day

June, 2020

 

 

of September, 2020,

 

 

 

and 9 per cent

 

 

 

thereafter till the

 

 

 

30th day of

 

 

 

September, 2020

 

 

 

Nil till the 29th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020

July, 2020.”.

[F. No. CBEC-20/06/09/2019-GST]

(Pramod Kumar)
Director to the Government of India

Note: The principal notification number 10/2017 – Union Territory Tax, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.747(E), dated the 30th June, 2017 and was last amended vide notification number 01/2020 – Union Territory Tax, dated the 8th April, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 243(E), dated the 8 th April, 2020.

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 07-08-2020
Notification No. 32 /2020 –Customs
Seeks to amend notification No. 50/2017-Customs dated 30th June, 2017 so as to exempt goods for KKNP 5 and 6.

Date: 07-08-2020
Notification No. 70/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver - Reg.

Date: 06-08-2020
TRADE NOTICE No. 24 /2020-21
Extension of date for filling online applications for export quota of August 2020 for PPE Medical coverall for Covid-19.

Date: 06-08-2020
Notification No. 68/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

Date: 06-08-2020
Notification No. 69/2020 - Customs (N.T.)
Exchange Rates Notification No.69/2020-Custom (NT) dated 06.08.2020

Date: 04-08-2020
Notification No. 29/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI-reg.

Date: 04-08-2020
Notification No. 30/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI-reg.

Date: 04-08-2020
Notification No. 23/2015-2020
Amendment in Export Policy of Ventilators

Date: 04-08-2020
Notification No. 67/2020-Customs (N.T.)
Notification 67/2020-Cus. (N.T.) dated 04.08.2020 on the subject Amendment to Notification No. 12/97-Customs(N.T.) dated 02.04.1997

Date: 31-07-2020
Notification No. 31/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI-reg.



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001