Kerala Flood Cess Notified

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Kerala Flood Cess notified wef 1st June 2019, vide Notification no G.O(P). N0. 80/2019/Taxes, dated 25th May 2019.

Following are the highlights:

  1. Kerala flood Cess (KFC) leviable on Intra-State supplies of goods or services or both to a unregistered person ( i.e., only for B2C Transaction within the state of Kerala)
  2.  Not applicable to
    1. a taxable person who has decided to opt for composition levy under section 10 of the Kerala State Goods and Services Tax Act, 2017.
    2. Supplies of goods and services or both which are exempted.
  3. KFC should be shown separately in the Invoice.
  4. KFC to be levied on the taxable value.
  5. File separate monthly return Form KFC-A and pay the Cess, on or before filing GSTR-3B.
  6. Separate login id and password to be obtained from the portal “keralataxes.gov.in”.
  7. No refunds for KFC.
  8. Rates for Kerala Flood Cess:

Sl no

                                               Category

 Kerala Flood       Cess rate

1.

 Supplies of goods for which tax rate is fixed at 3%

0.25%

2.

 Supplies of goods for which tax rate is fixed at 5%

Nil

3.

 Supplies of goods for which tax rate is fixed at 12%, 18% & 28%

1.0%

4.

 All Services

1.0%

 

For notifcation  Source: Kerala GST

Posted on 27/05/2019
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