Grey areas - Cenvat credit on Krishi Kalyan Cess (KKC)



In budget 2016-17, the Government has introduced a cess called as Krishi Kalyan Cess (KKC) which will be used for financing and promoting agricultural sector. KKC will apply at the rate of 0.5% on value of taxable services rendered on or after 1.6.2016. Unlike Swachh Bharat Cess (SBC) the Government
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