Seeks to provide relief by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020.

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..... ferred by section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), read with sub-section (1) of section 50 and section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendment in notification of the Government of India in the Ministry of Finance (Department of Revenue), N .....

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..... entioned in the corresponding entry in column (5) of the said Table, namely:-- TABLE Sl. No. Class of registered persons Rate of interest Tax period Condition (1) (2) (3) (4) (5) 1. Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year Nil for first 15 days from the due date, and 9 per cent thereafter February, 2020, March 2 .....

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..... ed on or before the 6th day of July, 2020.". 2. This notification shall be deemed to have come into force with effect from the 20th day of March, 2020. [F. No. CBEC-20/06/04/2020-GST] PRAMOD KUMAR, Director Note: The principal notification number 6/2017-Integrated Tax, dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number .....

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