Page 41 - GSTL_16 April 2020_Vol 35_Part 3

2020 ] NOTIFICATIONS & RULES S35
In the said notification, in the first paragraph, the following provisos
shall be inserted, namely :-
“Provided that, the rate of interest per annum shall be as specified
in column (3) of the Table given below, for the class of registered per-
sons, mentioned in the corresponding entry in column (2) of the said Ta-
ble, who are required to furnish the returns in FORM GSTR-3B, but fail
to furnish the said return along with payment of tax for the months men-
tioned in the corresponding entry in column (4) of the said Table by the
due date, but furnish the said return according to the condition men-
tioned in the corresponding entry in column (5) of the said Table,
namely :-
TABLE
S. Class of registered Rate of Tax period Condition
No. persons interest
(1) (2) (3) (4) (5)
1. Taxpayers having Nil for first 15 February, If return in
an aggregate turn- days from the 2020, FORM GSTR-3B
over of more than due date, and March is furnished on or
rupees 5 crores in 9 per cent 2020, before the 24th
the preceding thereafter April, 2020 day of June, 2020
financial year
2. Taxpayers having Nil February, If return in
an aggregate turn- 2020, FORM GSTR-3B
over of more than March, is furnished on or
rupees 1.5 crores 2020 before the 29th
and up to rupees day of June, 2020
five crores in the April, 2020 If return in
preceding financial FORM GSTR-3B
year is furnished on or
before the 30th
day of June, 2020
3. Taxpayers having Nil February, If return in
an aggregate turn- 2020 FORM GSTR-3B
over of up to is furnished on or
rupees 1.5 crores in before the 30th
the preceding day of June, 2020
financial year March, If return in
2020 FORM GSTR-3B
is furnished on or
before the 3rd day
of July, 2020
April, 2020 If return in
FORM GSTR-3B
is furnished on or
before the 6th day
of July, 2020.”.
GST LAW TIMES  16th April 2020  161