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SAP Knowledge Base Article - PreviewSymptom
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
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Environment
SAP Business ByDesign
Product
SAP Business ByDesign 2108 ; SAP Business ByDesign 2111
Keywords
GST, KFC, Kerala Flood Cess , KBA , kerala flood cess , gst , SRD-FIN-GLO-TAX , GLO - Tax Declaration , Problem
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