The Kerala Finance Act, 2025
The Kerala Finance Act, 2025
Tax202533 sections
The Kerala Finance Act, 2025, is a legislative measure enacted to amend various tax and fee-related laws in the state of Kerala. It revises court fee structures, updates land tax rates, and modifies provisions within the Kerala General Sales Tax Act, 1963, and the Kerala State Goods and Services Tax Act, 2017. The Act introduces the General Amnesty Scheme, 2025, and the Flood Cess Amnesty 2025, allowing taxpayers to settle long-standing tax arrears under specific conditions. It also adjusts motor vehicle tax rates and establishes new inspection and confiscation protocols for goods in transit, aiming to streamline tax administration and revenue collection.
- 1. Short title and commencement
- 2. Amendment of Act 10 of 1960
- 3. Amendment of Act 13 of 1961
- 4. Amendment of Act 15 of 1963
- 5. Amendment of Act 19 of 1976
- 6. Amendment of Act 20 of 2017
- 7. Amendment of Act 18 of 2024
- 8. Definitions
- 9. Designated authority
- 10. Eligibility for settlement
- 11. Application for settlement
- 12. Determination of the amount payable by the applicant
- 13. Rate applicable in determining the amount payable
- 14. Total waiver of certain amounts
- 15. Restrictions
- 16. Settlement of arrears and issue of certificate
- 17. Refusal of settlement of arrears
- 18. Appeal
- 19. Revision
- 20. Bar on revenue recovery proceedings
- 21. Bar on re-opening of settled cases
- 22. Revocation of certificate
- 23. Information to be sent to authorities under the relevant Act
- 24. Power of Commissioner of State Tax
- 25. Prohibition of disclosure of particulars produced before designated authorities
- 26. Protection of action taken in good faith
- 27. Power to remove difficulties
- 28. Power to make rules
- 29. Flood Cess Amnesty 2025
- 30. Power of Commissioner of State Tax
- 31. Power to remove difficulties
- 32. SCHEDULE II Schedule II
- II. Schedule II
PDF: pending for this language.