Kkc under service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 May 2016
whether KKC will be levy on A.v or service tax on 14%,. for calculating .5% from June 2016.
24 May 2016
KKC is to be levied on Assessed Value i.e. taxable value and not on service tax from 1st June 2016.
Thanking you.
Thanking you.
Rupesh Jain
(Expert)
24 May 2016
KKC will calculate on taxable amount, you have already calculate SBC on the taxable value same is @0.5% and not cenvatable.
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