Amendment in Notification No. 122, Revenue (CT-II) Department, dated the June 30, 2017 - G. O. Ms. No. 104 - Telangana SGST

GOVERNMENT OF TELANGANA Notification G. O. Ms. No. 104 Revenue (CT-II) Department , dated August 22, 2023. In exercise of the powers conferred by sub-section (1) of section 50 of the Telangana Goods and Services Tax Act, 2017 (Telangana Act No. 23 of 2017) read with section 148 of the said Act, the State Government, on the recommendations of the Council, hereby makes the following further amendments in the notification issued in G. O. Ms No. 122, Revenue (CT-II) Department, dated the June 30, 2017 and as amended subsequently from time to time namely : AMENDMENT In the said notification, in the first paragraph, in the first proviso, (i) for the words, letters and figure required to furnish the returns in Form GSTR-3B, but fail to furnish the said return along with payment of tax , the words liable to pay tax but fail to do so shall be substituted ; (ii) in the Table, in column 4, in the heading, for the words Tax period , the words Month/Quarter shall be substituted ; (iii) In the said notification, in the first paragraph, in the first proviso, in the Table after S. No. 2, the following shall be inserted, namely : (1) (2) (3) (4) 3. Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year 9 per cent. for the first 15 days from the due date and 18 per cent. thereafter March, 2021, April, 2021 and May, 2021 4. Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year who are liable to furnish the return as specified under sub-section (1) of section 39 Nil for the first 15 days from the due date, 9 per cent. for the next 45 days and 18 per cent. thereafter March, 2021 Nil for the first 15 days from the due date, 9 per cent. for the next 30 days and 18 per cent. thereafter April, 2021 Nil for the first 15 days from the due date, 9 per cent. for the next 15 days and 18 per cent. thereafter May, 2021 5. Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year who are liable to furnish the return as specified under proviso to sub-section (1) of section 39 Nil for the first 15 days from the due date, 9 per cent. for the next 45 days and 18 per cent. thereafter March, 2021 Nil for the first 15 days from the due date, 9 per cent. for the next 30 days and 18 per cent. thereafter April, 2021 Nil for the first 15 days from the due date, 9 per cent. for the next 15 days and 18 per cent. thereafter May, 2021 6. Taxpayers who are liable to furnish the return as specified under sub-section (2) of section 39 Nil for the first 15 days from the due date, 9 per cent. for the next 45 days and 18 per cent. thereafter Quarter ending March, 2021 . 2. This notification shall be deemed to have come into force with effect from the 18th day of April, 2021.