SAP Knowledge Base Article - Public

3083892 - GST India Kerala Flood Cess (KFC) Legal Change

Symptom

As per the new GST legal change, Taxpayers located in Kerala should ensure not to charge and collect KFC with effect from 1 August 2021.

Background: Kerala Flood Cess (KFC) was levied with effect from 1 August 2019 at the rate of 1%/0.25% along with GST on intra-state supplies of goods or services to unregistered persons (i.e. on B2C supplies) for a period of two years for re-building of post-flood Kerala. The levy of KFC shall expire on 31 July 2021.

Country: India

Environment

SAP Business ByDesign

Resolution

SAP is planning to ship the changes to all customers with Software Correction on 20.09.2021. As a formal notification from the Government has been received by SAP just a few days ago, we request our customers to do a manual selection of tax code to post invoices where KFC is not applicable from 1st of August 2021 till the time the fix is delivered.

Keywords

GST, KFC, Kerala Flood Cess , KBA , kerala flood cess , gst , SRD-FIN-GLO-TAX , GLO - Tax Declaration , Problem

Product

SAP Business ByDesign 2108 ; SAP Business ByDesign 2111