Notification No. 18/2021
Date: June 1, 2021
Subject: Reduction of interest rate for delayed payment of tax for specified tax periods.
Description:
Concessional interest rates are notified for delayed payment of tax for March, April, and May 2021. Separate slabs are prescribed based on aggregate turnover and return category. The relief applies for specified periods from the due date.
Effective Date:
18 May 2021 (deemed)
Previous Notification:
Notification No. 13/2017 – Central Tax dated 28.06.2017