Goods and Services Tax – GST Dated:- 1-8-2019 – News – 1. Why Kerala Flood Cess is imposed? Ans. Kerala Flood Cess is levied to raise the fund required for re-construction of State after the devastating flood occurred in the State during August 2018. 2. Which is the date of commencement of Kerala Flood Cess? Ans. Kerala Flood Cess is applicable from the 1st August, 2019 onwards as per notification No. S.R.O. 436/2019 dated 29/06/2019 for a period of two years. 3. Kerala Flood Cess levied under which Law? Ans. Kerala Flood Cess is levied under Section 14 of Kerala Finance Act, 2019. The Kerala Flood Cess Rules published vide Notification SRO. No.359/2019 published as G.O.(P) No.80/2019/TD dated 25-05-2019. 4. Whether levy of Kerala Flood Cess is approved by GST Council?
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time password (OTP) will be sent to the mobile number of authorized representative for creating used ID and password. After login to the system, tax payers shall furnish the details of turnover applicable for Kerala Flood Cess and make e-Payment of Kerala Flood Cess. Detailed procedure for the filing of return will be released separately. 7. When Kerala Flood Cess is to be remitted to Government? Ans. As per GST Law, the tax due for a month has to be remitted on or before 20th of the succeeding month in GSTR 3B return. Due date for filing GSTR 3B shall be applicable for the Kerala Flood Cess return. 8. What are the details to be furnished in the return? Ans. After login to the system, select the return period and enter the details of turnover of outward supply leviable under Kerala Flood Cess based on GST tax rates. 9. Whether Kera
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– ₹ 113/- As per SRO.No.434/2019 Dt. 28.6.2019 Rule 32A is incorporated in Kerala Goods and Services Tax Rules 2017 to clarify value of supply. As per this rule, the value of supply of goods or services or both on which Kerala Flood Cess is levied under clause 14 of the Kerala Finance Bill, 2019 shall be deemed to be the value determined in terms of Section 15 of the Act, but shall not include the said cess. 11. Whether Kerala Flood Cess is applicable for interstate supply? Ans. No. Kerala Flood Cess is applicable only for intra-state supply. 12. Whether supply to registered taxpayer in Kerala attracts Kerala Flood Cess? Ans. No, if the supply is made in furtherance of business. Supply of Goods or Services or both made by a taxable person in the State to another taxable person having Goods and Service Tax Registration in the Sta
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Yes. It can be collected from customers by showing separately in the invoices. 17. Whether the Kerala Flood Cess is to be separately disclosed in the bill / invoice or a it can be borne and paid by the tax payer from their margin? Ans. SGST Rule 46 (l) (m) regarding issue of tax invoice is applicable in the case of Kerala Flood Cess also. Hence subject to conditions applicable to issue of invoice under the same Rule shall be applicable to Kerala Flood Cess also. Therefore as per Rule the Invoice shall contain details of Kerala Flood Cess like rate of tax and amount of tax charged in respect of taxable goods or services. 18. Whether purchase of motor vehicles for own use of a tax payer is eligible for exemption from levying Kerala Flood Cess? Ans. No. Since the supply is not in furtherance of business. 19. At which point of supply ces
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