KERALA CESS
Step 1 : Tax Creation: New tax is to be created to include CESS
Go to Tax Master under ‘configuration’ menu in ‘Invoicing’ module –> Filter for ‘Sales’ tax From the master, click on Create button –> Enter & map respective parameter details as follows,
Parameters | Tax Inclusive [CESS] | Tax Exclusive [CESS] |
---|---|---|
Tax Name | GST 12% + CESS 1% [i] | GST 12% + CESS 1% [e] |
Tax Scope | Sales | Sales |
Tax Computation | Group of Taxes | Group of Taxes |
Step 2 : Child Tax Creation (CGST): Click on Add an item –> Create a child tax with the following parameters for Inclusive / Exclusive respectively,
Parameters | Tax Inclusive [CESS] | Tax Exclusive [CESS] |
---|---|---|
Tax Name | CGST 6% [CESS] | CGST 6% |
Tax Scope | None | None |
Tax Computation | Python Code | Percentage of Price |
Python Code / Percentage of Price | result = ((price_unit * quantity /1.13) * 0.06) | 6 |
Applicable Code | Result = True | – |
Tax group | CGST | CGST |
Include in Price | To be checked | To be unchecked |
Affect Base of Subsequent Taxes | To be checked | To be unchecked |
Click Save & close button Note: Any unique / relatable ‘Tax name’ can be provided.
Step 3 : Child Tax Creation (SGST): Click on Add an item –> Create a child tax with the following parameters for Inclusive / Exclusive respectively,
Parameters | Tax Inclusive [CESS] | Tax Exclusive [CESS] |
---|---|---|
Tax Name | SGST 6% [CESS] | SGST 6% |
Tax Scope | None | None |
Tax Computation | Python Code | Percentage of Price |
Python Code / Percentage of Price | result = ((price_unit * quantity /1.13) * 0.06) | 6 |
Applicable Code | Result = True | – |
Tax group | SGST | SGST |
Include in Price | To be checked | To be unchecked |
Affect Base of Subsequent Taxes | To be checked | To be unchecked |
-
- Click Save & close button Note: Any unique / relatable ‘Tax name’ can be provided
Step 4 : Child Tax Creation (CESS): Click on Add an item –> Create a child tax with the following parameters for Inclusive / Exclusive respectively,
Parameters | Tax Inclusive [CESS] | Tax Exclusive [CESS] |
---|---|---|
Tax Name | CESS 1% (for GST 12% [i]) | CESS 1% (for GST 12%[e]) |
Tax Scope | None | None |
Tax Computation | Python Code | Percentage of Price |
Python Code / Percentage of Price | result = ((price_unit * quantity) / 1.13) * 0.01 | 1 |
Applicable Code | Result = True | – |
Tax group | CESS | CESS |
Include in Price | To be checked | To be unchecked |
Affect Base of Subsequent Taxes | To be checked | To be unchecked |
Click Save & close button Note: Any unique / relatable ‘Tax name’ can be provided.
Step 5 : Go to Fiscal Poisition master under ‘configuration’ menu in ‘Invoicing’ module Create a new Fiscal Position with the following parameters, Fiscal position =’Kerala Cess’, Check the ‘Is Kerala cess’ boolean –> In the ‘Tax Mapping’ tab Click on ‘Add an item’ –> In the Tax on Product map default Tax [GST 12% / GST 18% /GST 28%] and in the same Line item in Tax to Apply column, map the newly created Cess included tax [(GST 12% + CESS 1%), (GST 18% + CESS 1%), (GST 28% + CESS 1%)] respectively
Note: Default Taxes are created when in-built module ‘Indian Accounting’ is installed. Tax mapping should be done correctly. i.e: ‘GST 12%’ should be mapped to ‘GST 12% + CESS 1%’ [Inclusive / Exclusive] respectively.
KERALA CEES
This module is used to calculate Kerala Flood Cess [CESS 1%] automatically for sales within Kerala state for unregistered parties in Tax Inclusive / Exclusive configuration. Kerala Flood Cess Rules, 2019 1. Levy & Collection - Kerala Flood Cess is to be levied on intra-state supplies of Goods & Services or both made by a taxable person to an unregistered person. 2. Cess of 1% is to be calculated on the Taxable value of Goods & Services above GST 5% from 1-August-2019 for a period of two years. 3. Cess collected from unregistered parties is to be shown separately in the respective invoice.