LATEST DETAILS

Amendment in notification No.F.12(56)FD/Tax/2017-Pt-I-39, dated 29th June, 2017

GOVERNMENT OF RAJASTHAN
FINANCE DEPARTMENT
(TAX DIVISION)

NOTIFICATION

dated 07.04.2020

In exercise of the powers conferred by sub-section (1) of section 50 of the Rajasthan Goods and Services Tax Act, 2017 (Act No.9 of 2017) (hereafter in this notification referred to as the said Act), read with section 148 of the said Act, the State Government, on the recommendations o f the Council, hereby makes the following amendment in this department's notification No. F.12(56)FD/Tax/2017-Pt-I-39, dated the 29th June, 2017, namely:-

In the said notification, in the first paragraph, the following provisos shall be inserted, namely: -

"Provided that, the rate of interest per annum shall be as specified in column (3) of the Table given below, 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, but furnish the said return according to the condition mentioned in the corresponding entry in column (5) of the said Table, namely:--

TABLE

Sl.No.

Class of registered persons

Rate of interest

Tax period

Condition

(1)

(2)

(3)

(4)

(5)

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

February, 2020, March 2020, April, 2020

If return in FORM GSTR-3B is furnished on or before the 24th day of June, 2020

2

Taxpayers having an aggregate turnover of more than rupees 1.5 crores and up to rupees five crores in the preceding financial year

Nil

February, 2020, March, 2020

If return in FORM GSTR-3B is furnished on or before the 29th day of June, 2020

April, 2020

If return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020

3.

Taxpayers having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year

Nil

February, 2020

If return in FORM GSTR-3Bis furnished on or before the 30th day of June, 2020

March, 2020

If return in FORM GSTR-3B is furnished on or before the 3rd day of July, 2020

April, 2020

If return in FORM GSTR-3B is furnished on or before the 6th day of July, 2020.".

2. This notification shall be deemed to have come into force with effect from the 20th day of March, 2020.

[F.12(46)FD/Tax/2017-Pt.-V-163]

Professional services available Audit Management
Tax Lok English Viedo
Tax Lok Hindi Viedo
Check Your Tax Knowledge
Youtube
HR Consulting services

FOR FREE CONDUCTED TOUR OF OUR ON-LINE LIBRARIES WITH OUR REPRESENTATIVE-- CLICK HERE

FOR ANY SUPPORT ON GST/INCOME TAX

Do You Want To Take FREE DEMO Of Our GST/Income Tax Library.