GST and Kerala Flood Cess on Sales Transaction
Kerala Flood CESS (KFC) is applicable on all intra-state supplies of goods and/or services, made by taxable person to an unregistered person i.e. B2C supplies. Kerala Flood CESS is required to be shown separately on the invoice.
Create a sales invoice
Choose the icon, enter Sales Invoice, and then choose the related link.
Select Customer on Sales Invoice header, GST customer type should be Unregistered.
Select Item Code for goods or G/L Account for service sales on Sales Invoice line. GST Group Code, HSN/SAC Code should not be blank on Item or G/L Account.
For example, there is a sales invoice for INR 10,000 and 18% GST (i.e. 9% CGST and 9% SGST/UTGST in case of Intra-State or Intra-Union Territory transaction) and 1% Kerala Flood Cess has to be charged on the invoice amount.
GST calculation will appear in the Fact Box, as following:
Component Amount GST Base Amount 10,000 CGST 900 SGST 900 KFC 100
On posting the sales invoice for Intra-State or Intra-Union Territory sale of goods to unregistered customer, GL Entries will be as following:
Particulars Amount Customer Account 13700 SGST/UTGST Payable Account -1800 CGST Payable Account -1800 Kerala Flood Cess -100 Sales Account -10000
System will automatically update 'Nature of Supply' B2C for Unregistered Customer.