The Goods and Services Tax Department, Government of Kerala on March 13, 2026, notified regarding the Compliance Requirements for GST Taxpayers for FY 2026–27.
The following has been stated:
• It states that eligible taxpayers who wish to opt for the Composition Scheme shall file their option on or before March 31, 2026. Existing composition taxpayers are not required to reapply. As per Rule 46(b), all taxpayers shall start the new financial year with a unique and continuous invoice numbering series.
• Businesses crossing the prescribed aggregate turnover threshold must comply with e-invoicing provisions. Failure to generate e-invoices will result in the denial of Input Tax Credit (ITC) to recipients and may attract penalties.
• Taxpayers exporting goods or services without payment of tax shall furnish a Letter of Undertaking (LUT) in Form GST RFD-11 before making exports each financial year.
• Goods Transport Agencies (GTA) shall exercise their option for payment of tax within the prescribed timelines. Those continuing with the same option as the previous year need not re-file.
• For hotel accommodation and restaurant services, tax applicability depends on room tariff thresholds. Establishments charging above ₹7,500 per day for any room fall under “specified premises” and attract 18% GST with ITC on restaurant services. Others may opt into this category by filing the required declaration.
• All taxpayers are advised to comply with these requirements within the stipulated timelines to avoid penalties and ensure smooth business operations.
[Notification no. - SGST/575/2026-PRC]
