Notification No. 51/2020 – Central Tax
Notification No. 51/2020 – Central Tax
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs
Notification No. 51/2020 – Central Tax
New Delhi, the 24th June 2020
G.S.R…..(E).—In exercise of the powers conferred by sub-section (1) of section 50 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with section 148 of the said Act, the Central Government, on the recommendations of the Council, hereby makes the following further amendment in notification of the Government of India in the Ministry of Finance (Department of Revenue), No.13/2017 – Central Tax, dated the 28th June 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 661(E), dated the 28th June 2017, namely:–
In the said notification, in the first paragraph, for the first proviso, the following proviso shall be substituted, namely : –
“Provided that the rate of interest per annum shall be as specified in column (3) of the Table given below for the period mentioned therein, for the class of registered persons mentioned in the corresponding entry in column (2) of the said Table, 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 mentioned in the corresponding entry in column (4) of the said Table by the due date, namely:–
Table
|
S. No. (1) |
Class of registered persons (2) |
Rate of interest (3) |
Tax period (4) |
|
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 percent thereafter till 24th day of June 2020 |
February 2020, March 2020, April 2020 |
|
2. |
Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman, and the Nicobar Islands and Lakshadweep |
Nil till the 30th day of June 2020, and 9 percent thereafter till the 30th day of September 2020 |
February 2020 |
|
Nil till the 3rd day of July 2020, and 9 percent thereafter till the 30th day of September 2020 |
March 2020 |
||
|
Nil till the 6th day of July 2020, and 9 percent thereafter till the 30th day of September 2020 |
April 2020 |
||
|
Nil till the 12th day of September 2020, and 9 percent thereafter till the 30th day of September 2020 |
May 2020 |
||
|
Nil till the 23rd day of September 2020, and 9 percent thereafter till the 30th day of September 2020 |
June 2020 |
||
|
Nil till the 27th day of September 2020, and 9 percent thereafter till the 30th day of September 2020 |
July 2020 |
||
|
3. |
Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Orissa or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi |
Nil till the 30th day of June 2020, and 9 percent thereafter till the 30th day of September 2020 |
February 2020 |
|
Nil till the 5th day of July 2020, and 9 percent thereafter till the 30th day of September 2020 |
March 2020 |
||
|
Nil till the 9th day of July 2020, and 9 percent thereafter till the 30th day of September 2020 |
April 2020 |
||
|
Nil till the 15th day of September 2020, and 9 percent thereafter till the 30th day of September 2020 |
May 2020 |
||
|
Nil till the 25th day of September 2020, and 9 percent thereafter till the 30th day of September 2020 |
June 2020 |
||
|
Nil till the 29th day of September 2020, and 9 percent thereafter till the 30th day of September 2020 |
July 2020.” |
[F. No. CBEC-20/06/09/2019-GST]
(Pramod Kumar)
Director, Government of India
Note:
The principal notification number 13/2017 – Central Tax, dated the 28th June 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.661(E), dated the 28th June 2017 and was last amended vide notification number 31/2020 – Central Tax, dated the 3rd April 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.231(E), dated the 3rd April 2020.
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