Amendment in Notification S.R.O. No.316/2020 dated 14/05/2020 - S. R. O. No. 925/2020 - Kerala SGST

GOVERNMENT OF KERALA Taxes (B) Department NOTIFICATION G.O.(P) No.178/2020/TAXES. Dated, Thiruvananthapuram, 31st December, 2020 16th Dhanu, 1196 S. R. O. No. 925/2020 In exercise of the powers conferred by sub-rule (4) of rule 48 of the Kerala Goods and Services Tax Rules, 2017, the Government of Kerala, on the recommendations of the Council, hereby makes the following further amendments to the notification issued under G.O.(P) No.66/2020/TAXES. dated 14th May, 2020 and published as S.R.O. No.316/2020 in the Kerala Gazette Extraordinary No.1178 dated 14th May, 2020, namely:- In the said notification, in the first paragraph, (i) for the words a financial year , the words and figures any preceding financial year from 2017-18 onwards shall be substituted; (ii) after the words goods or services or both to a registered person , the words or for exports shall be inserted. . By order of the Governor, BISHWANATH SINHA, Principal Secretary to Government. Explanatory Note (This does not form part of the notification, but is intended to indicate its general purport.) The Government of Kerala had notified the class of registered person required to issue e-invoice and the class of persons not required to issue e-invoices as per the notification issued under G.O.(P) No.66/2020/TAXES. dated 14th May, 2020 and published as S.R.O. No.316/2020 in the Kerala Gazette Extraordinary No.1178 dated 14th May, 2020. Now, on recommendation of the Goods and Service Tax Council, the Government have decided to make the issuance of e-invoice applicable to registered person having turnover exceeding 500 Crore in any preceeding financial year from 2017-18 and for export transactions. The notification is intended to achieve the above object.