State Government, on the recommendation of council hereby fixes the rate of interest per annum for various sections. - SRO-300 - Jammu and Kashmir SGST

Government of Jammu and Kashmir Finance Department Civil Secretariat, Srinagar. Notification Srinagar, the 18th July, 2017 SRO 300.- 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 Jammu and Kashmir Goods and Services Tax Act, 2017 (12 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. Serial Number 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 deemed to have come into force With effect from 8th July, 2017. By order of the Government of Jammu and Kashmir. Sd/- (Navin K. Choudhary), IAS Commissioner/Secretary to Government, Finance Department. No: ET/Estt/119/2017 Dated: 18-07-2017.