The Government of Kerala on October 11, 2024, issued the Kerala Taxation Laws (Amendment) Bill, 2024 to amend further the Kerala Finance Act, 2008, the Kerala State Goods and Services Tax Act, 2017 and the Kerala Finance Act, 2024.
The following amendments have been stated:
• In the Kerala Finance Act, 2008, in section 6, after sub-section (5), the following sub-section shall be inserted, namely:-
“(6) Notwithstanding anything contained in this section, in cases where the certificate of settlement under chapter III of the Kerala Finance Act, 2024 (18 of 2024) has been issued on settlement of the arrears pertaining to a specified order, the cess payable under this section on the arrear of tax pertaining to such specified order shall be deemed to be settled under chapter III of the Kerala Finance Act, 2024 (18 of 2024) and the dealer shall be discharged from his liability to make Provided that where such cess has already been paid, no refund of the same shall be available.
Explanation.-For the purposes of this section, the expressions “arrears of tax or surcharge”, “certificate of settlement”, “specified order” shall have the same meaning as assigned to them in the Kerala Finance Act, 2024 (18 of 2024)”.
• In the Kerala State Goods and Services Tax Act, 2017, in section 2, for clause (61), the following clause shall be substituted, namely:—
“(61) “Input Service Distributor” means an office of the supplier of goods or services or both which receives tax invoices towards the receipt of input services, including invoices in respect of services liable to tax under sub-section (3) or sub-section (4) of section 9, for or on behalf of distinct persons referred to in section 25, and liable to distribute the input tax credit in respect of such invoices in the manner provided in section 20;”;
• In the Kerala State Goods and Services Tax Act, 2017, in section 9, in sub-section (1), after the words “alcoholic liquor for human consumption”, the words and symbols “and un-denatured extra neutral alcohol or rectified spirit used for the manufacture of alcoholic liquor, for human consumption” shall be inserted;
[Bill No. 224]
