Credit of EC & SHEC can be used for payment of Service tax

Bimal Jain | Last updated: 31 October 2015

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Dear Professional Colleague, Credit of EC SHEC can be used for payment of Service tax With the underlying theme of setting the stage for Goods and Services Tax (GST), the Union Budget, 2015 had proposed to do away with the Education Cess (EC) and Secondary and Higher Education Cess (SHEC) [collectively referred to asCess]. While withdrawal of Cess on Excise duty has been made effective from March 1, 2015, Cess on Service tax has also been withdrawn effective from June 1, 2015. The act

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

Bimal Jain

Service

FCA, FCS LLB with21 Yrs of Experience inTaxation Indirect and Direct: Education Qualification: B.Com (Hons) Chartered Accountants Company Secretary LLB Qualified SAP FI/CO Consultants Professional Membership: Chairmanof Indirect Tax Committee of PHD Chamber of Commerce Member of Indirec ... Read more

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