ITC claim of Cess paid
This query is : Resolved
15 November 2022
Dear Sir,
One of my client has paid CESS while purchase of motor vehicle apart from CGST and SGST.
My query is can I claim the input tax credit of Cess amount while calculating my GST liability. There is no CESS liability on outward supply.
Incase ITC cannot be claimed can I get the refund of CESS paid.
Please help me in this matter.
Regards,
Divyesh Jain
One of my client has paid CESS while purchase of motor vehicle apart from CGST and SGST.
My query is can I claim the input tax credit of Cess amount while calculating my GST liability. There is no CESS liability on outward supply.
Incase ITC cannot be claimed can I get the refund of CESS paid.
Please help me in this matter.
Regards,
Divyesh Jain
15 November 2022
The input tax credit of this Cess can be only used to pay Compensation Cess, and no refund can be claimed.
15 November 2022
1.The input tax credit of this cess can be only used to pay compensation cess and not the other taxes like CGST, SGCT or IGST.
2. No refund allowed for cess paid.
2. No refund allowed for cess paid.
15 November 2022
Ok Sir, Thanks for your reply
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Not able to file ITR
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- FEMA regulation Act. for inward remitance
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
