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GoM on GST permits percent calamity cess on value products for Kerala
Updated On: 07 January, 2019 01:12 PM IST | New Delhi | ANI
The government of Kerala had requested the Centre for relief in State GST (SGST) to generate revenue for the rehabilitation of last year's ravaging victims
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Kerala Finance Minister Thomas Isaac on Monday said that the Group of Ministers (GoM) on Goods and Services Tax (GST) has agreed for one per cent calamity cess on the value of products and services, either on selected commodities or across the board for 2 years for Kerala.
"The GoM on GST has accepted Kerala's suggestion after considering various options and decided to recommend to GST council that Kerala be permitted to have 1 per cent calamity cess on the value of products and services either on selected commodities or across the board for 2 years, but it's for the Council to make the final decision," the state finance minister said.
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