In exercise of the powers conferred by sub-section (1) of section 50 read with Section 148 of the Telangana Goods and Services Tax Act, 2017 (Telangana Act No.23 of 2017), the State Government, on the recommendations of the Council, hereby makes the following further amendment to notification issued in G.O.Ms.No. 122, Revenue (CT-II) Department, Dated 30-06-2017, and as subsequently as amended from time to time 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
2. This notification shall be deemed to have come into force with effect from the 24th day of June, 2020.
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF TELANGANA)
SOMESH KUMAR CHIEF SECRETARY &
SPECIAL CHIEF SECRETARY TO GOVERNMENT