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Sbc credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 April 2016 Dear sir
Plz let me know weather SBC credit can be claimed or not...

P!ease reply...
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Jaymin Sabhaya

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Jaymin Sabhaya (Expert)
06 April 2016 Dear Sir,
SBC is not integrated in CENVAT Credit chain. therefore Credit of SBC cannot be availed. for more information refer following link - --
http://www.cbec.gov.in/resources//htdocs-cbec/press-release/faq-sbc.pdf;jsessionid=EDCDBC1A6F7ABC43C75E01A035601286
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Dongre Arun

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Dongre Arun (Expert)
06 April 2016 Hi,

SBC is a leavy and in a Layman's language its a Cost to be absorbed by the Business. No CV Credit of SBC is allowed / available.




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