Cenvat credit
This query is : Resolved
01 May 2017
Sir,
Whether cenvat credit on Swachh bharat cess and Krishi Kalyan cess is available??????
Whether cenvat credit on Swachh bharat cess and Krishi Kalyan cess is available??????
CA Shubhanshu Jain
(Expert)
01 May 2017
Hello,
As per Q.No 14 of FAQs released by CEBC on 14.11.2015 Swacch Bharat Cess is not integrated in the Cenvat Credit Chain. Therefore, credit of SBC cannot be availed. Further, SBC cannot be paid by utilizing credit of any other duty or tax."
However Cenvat credot of Krishi Kalyan Cess is available but same can be utiliseed only for payment of KKC
As per Q.No 14 of FAQs released by CEBC on 14.11.2015 Swacch Bharat Cess is not integrated in the Cenvat Credit Chain. Therefore, credit of SBC cannot be availed. Further, SBC cannot be paid by utilizing credit of any other duty or tax."
However Cenvat credot of Krishi Kalyan Cess is available but same can be utiliseed only for payment of KKC
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