Kerala Imposes Flood Cess In Addition To GST, A First In India

Thiruvananthapuram:  A year after the worst floods in almost a Century, Kerala has become the first state to impose an additional cess. Starting August 1, Kerala will be implementing 1 per cent Flood Cess, apart from the Goods and Services Tax (GST), with the aim to generate funds for rebuilding the state. "It has taken us almost a year to work out a special cess within the framework of GST.…