Govt. releases FAQs on Kerala Flood Cess, exempts supplies made in furtherance of business

Govt. releases FAQs on Kerala Flood Cess; Clarifies that, transaction between tax-payers in furtherance of business is exempted from levy of Kerala Flood Cess; However, if a supply is made to an unregistered tax-payer or a registered person but not in furtherance of business, Cess shall be levied; Exempts composition tax payers and goods or services or both not covered in Sec.14(2) of Kerala Finance Act, 2019 from the levy of Kerala Flood Cess; Explains that, such Cess will b...