Kerala Government vide notification G.O.(P) No. 80/2019/TAXES dated May 25, 2019, has notified Kerala Flood Cess Rules, 2019. As per these rules, Kerala Flood Cess shall be levied on intra-state supplies of goods or services or both made by a taxable person to unregistered person in respect of specified supplies. These rules will come in force from June 1, 2019.
The gist of the rules are discussed as hereunder:-
- Kerala Flood Cess shall be shown separately in the invoice issued for supply of goods or services.
- Kerala Flood Cess will be levied on the value of goods or services at the rates prescribed below:
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- 1% of the value of intra-state supply of all services;
- 1% of the value of intra-state supply of goods which attract 6% SGST or 9% SGST or 14% SGST;
- 0.25% of the value of intra-state supply of goods which attract 1.5% of SGST (i.e., goods falling under Schedule V including gold, silver and platinum ornaments).
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- Kerala Flood Cess shall be paid to the Government along with the details of supplies made in the monthly return in Form KFC-A. Such return is required to be filed on or before the due date of filing of GSTR-3B of every month. The return shall be filed electronically through the official portal and e-payment of cess shall be made along with such return.
- The details of outward supply reported in such return shall match with the corresponding details of outward supply as per GSTR-1.
- The return shall be filed electronically through the official portal www.keralataxes.gov.in and e-payment shall be made along with such return.
- In order to e-file cess return and payment of cess, one-time ‘user ID and password’ can be generated from the portal.
The complete notification can be accessed at: http://www.a2ztaxcorp.com/wp-content/uploads/2019/05/GO-P-80-19_Kerala-Flood-Cess-Rules.pdf