Notification No. 05/2020
Date: June 24, 2020
Subject: Further extension of concessional interest rates on delayed payment of IGST due to COVID-19 disruptions.
Description:
This notification further amends Notification No. 06/2017–Integrated Tax to extend interest relief for delayed filing of GSTR-3B up to July 2020. It prescribes nil or reduced interest rates based on turnover and location of the principal place of business, with state-wise differentiated timelines. The amendment provides extended compliance relief to taxpayers affected by the pandemic.
Issued for earlier notification?
Yes — amends Notification No. 06/2017–Integrated Tax dated 28.06.2017.