Notification under sub-section (1) of section 50 of Madhya Pradesh Goods and Services Tax, 2017 (Notification dated – 10.06.2021) – Govt. of Madhya Pradesh
View PdfNotification under sub-section (1) of section 50 of Madhya Pradesh Goods and Services Tax, 2017 (Notification dated – 10.06.2021) – Govt. of Madhya Pradesh
- In the first proviso, in the table after s.no. 2, the following shall be inserted,
- Tax payers having and aggregate turnover of more than rupees 5 crores in the preceding financial year – 9 percent of the first 15 days from the due date and 18 percent thereafter – March, 2021, April, 2021.
-
- Tax payer having an aggregate turnover of up to 5 crores in the preceding financial year who are liable to furnish the return as specified under subsection (1) of section39 – Nil for the 15 day from the due date, 9 percent for the next 15 days, and 18 percent thereafter – March, 2021, April, 2021.
- Tax payer having an aggregate turnover of up to 5 crores in the preceding financial year who are liable to furnish the return as specified under proviso to subsection (1) of 39 – Nil for the 15 days from the due date, 9 percent for the next 15 days, and 18 percent thereafter – March, 2021, April, 2021.
- Tax payer who are liable to furnish the return as specified under subsection (2) of section 39 – Nil for the first 15 days from the due date, 9 percent for the due date, 9 percent for the next 15 days and 18 percent thereafter – Quarter ending March 2021.
- This notification has come into effect from 18.04.2021.