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Kerala looking to impose 10% cess on SGST to aid rebuilding

Kerala looking to impose 10% cess on SGST to aid rebuilding

Kerala looking to impose 10% cess on SGST to aid rebuilding
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By Suman Singh  Aug 23, 2018 6:08:03 PM IST (Updated)

As Kerala struggles to raise resources for rehabilitation in the wake of devastating floods, the state government has demanded that it should be allowed a special cess of 10 percent on the GST.

As Kerala struggles to raise resources for rehabilitation in the wake of devastating floods, the state government has demanded that it should be allowed a special cess of 10 percent on the SGST.

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State finance minister Thomas Isaac said that the government will request all the states to consider a special cess for Kerala. The state has already increased excise duty on liquor to mobilize funds.
The above measures will help garner Rs 750 crore on an annualized basis.
The floods in Kerala, worst in a century, have claimed lives of 231 people besides rendering over 14 lakh people homeless.
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