NOTIFICATION NO-02/2020-Union Territory Tax,dt. 24-06-2020 Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020.

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(i)]

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 Goodsand Services Tax Act, 2017 (14 of 2017), read with sub-section (1) of section 50 and section148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on therecommendations of the Council, hereby makes the following further amendment innotification 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 30thJune, 2017, namely:–

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

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

MORE….https://www.cbic.gov.in/resources//htdocs-cbec/gst/Notification-02-2020-Union-Territory-Tax-English.pdf

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