homeeconomy NewsKerala looking to impose 10% cess on SGST to aid rebuilding

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

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.

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 SGST.
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.