Could i take cenvat credit of swochhabharat and krish kalyan

This query is : Resolved

sridhar (Querist)
Follow

20 September 2016 Dear sir ,
I am sridhar From Noida, I want to know Swochhabharatcess and Krishi Kalyan cess as cenvat credit in service tax return .

CA SAGAR M. AHUJA

CA SAGAR M. AHUJA (Expert)
Follow

20 September 2016 Swach Bharat Cess- No Cenvat credit is available the full amount you have to book as expenses only.
So No question arise to show in return.
Krishi Kalyan Cess: As per Rule3(7)(d) of Cenvat credit Rules(inserted w.e.f. 01-06-2016), Cenvat credit of KKC can be utilised for payment of KKC only.
So that credi you can utilize to payment of KKC, otherwise you can C/f it in return.
Thanks.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok