Notification fixing the rate of interest under Rajasthan Goods and Services Tax Act, 2017 - F.12(56)FD/Tax/2017-Pt-I-39 - Rajasthan SGST

GOVERNMENT OF RAJASTHAN FINANCE DEPARTMENT (TAX DIVISION) NOTIFICATION Jaipur, dated: June 29, 2017 In exercise of the powers conferred by sub-sections (1) and (3) of section 50 , sub-section (12) of section 54 and section 56 of the Rajasthan Goods and Services Tax Act, 2017 (Act No. 9 of 2017) , the State Government, on the recommendations of the Council, hereby fixes the rate of interest per annum for the purposes of the sections as specified in column (2) of the Table below as mentioned in the corresponding entry in column (3) of the said Table. Table Serial No. Section Rate of interest (in per cent) (1) (2) (3) 1. Sub-section (1) of section 50 18 2. Sub-section (3) of section 50 24 3. Sub-section(12) of section 54 6 4. Section 56 6 5. Proviso to section 56 9 This notification shall come into force from the 1 st day of July, 2017. [No. F. 12(56)FD/Tax/2017-Pt-I-39] By Order of the Governor (Shankar Lal Kumawat) Joint Secretary to the Government