EXTRAORDINARY
PUBLISHED BY AUTHORITY
No. 596, CUTTACK, TUESDAY, APRIL 7, 2020 / CHAITRA 18, 1942
FINANCE DEPARTMENT
NOTIFICATION
The 7th April, 2020
S.R.O. No. 100/2020— In exercise of the powers conferred by sub-section (1) of
section 50 of the Odisha Goods and Services Tax Act, 2017 (Odisha Act 7 of 2017)
(hereafter in this notification referred to as the said Act), read with section 148 of the said
Act, the State Government, on the recommendations of the Goods and Services Tax
Council, do hereby make the following amendment in the notification of the Government of
Odisha in Finance Department No. 19825-FIN-CT1-TAX-0022/2017, dated the 29th June,
2017, published in the Extraordinary issue No. 1152 of the Odisha Gazette dated the 29th
June, 2017 bearing S.R.O. No 314/2017, namely:–
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 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, but
furnish the said return according to the condition mentioned in the corresponding entry in
column (5) of the said Table, namely:--
TABLE
S.No.
(1)
Class
of
registered
persons
(2)
Rate of interest
(3)
Tax period
(4)
Condition
(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 2020, April,
2020
If
return
in
FORM GSTR-3B is
furnished
on
or
before the 24th day
of June, 2020
2.
Taxpayers having an
aggregate turnover of more
than rupees 1.5 crores and
Nil
February,
2020,
March, 2020
If
return
in
FORM GSTR-3B is
furnished
on
or
