2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Odisha
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Gujarat
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Kerala
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Uttarakhand
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Detailed explanation-1: -With this, Kerala has become the first state to levy calamity cess.
Detailed explanation-2: -Article 270 of the Indian Constitution exempts cess from the divisible pool of revenues that the Union government must distribute to the states. This means, while the cess/surcharge boosts the Union government’s revenues, it reduces the divisible pool of resources and thus the states’ share of the revenue.
Detailed explanation-3: -(For example, Kerala Flood Cess 1%.)
Detailed explanation-4: -Kerala Flood Cess is imposed 1% on the value of supply of goods or services or both coming under Schedule II, III & IV of SRO. No. 360/2017 Dt. 30.06.
Detailed explanation-5: -The cess is levied on goods such as automobiles and air conditioners that attract the highest 28% GST and on so-called sin goods such as aerated drinks, coal, pan masala and cigarettes.