GST Limit for kerala state
Vishnu Das (145 Points)
24 December 2019Vishnu Das (145 Points)
24 December 2019
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 24 December 2019
Doubled the exemption threshold for small businesses from Rs 20 lakh to Rs 40 lakh and also allowed Kerala to impose a natural disaster cess of up to 1 percent for a period of up to two years.
Kerala is now entitled to impose a maximum cess of 1 percent on intra-state sales for a maximum period of two years," Jaitley announced adding that the GST Council can allow some states to levy cess in case of natural disasters.
Vishnu Das
(145 Points)
Replied 24 December 2019