The Kerala Taxation Laws (Amendment) Act, 2024

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The Kerala Taxation Laws (Amendment) Act, 2024, is a legislative update designed to refine the administration of tax laws within the state of Kerala. It primarily amends the Kerala State Goods and Services Tax Act, 2017, and the Kerala Finance Acts of 2008 and 2024. The Act introduces procedural changes for tax determination, clarifies Input Tax Credit (ITC) rules, and provides specific relief measures for taxpayers regarding past tax disputes. For the ordinary citizen and business owner, this Act simplifies compliance, offers a window to settle old tax liabilities without interest or penalties, and updates the regulatory framework for GST operations.

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1. Short title and commencement
2. Amendment of Act 21 of 2008
3. Amendment of Act 20 of 2017
10. Services by the insurer to the reinsurer for which ceding commission or the reinsurance commission is deducted from

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