Swachha bharath cess

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amarender (Querist)
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19 May 2016 dear sir's please clarify my problem,

i received swachha bharath cess on input , this cess may i use for set off against output swachha bharath cess ??
and
if it eligible for set off, which column i use for set off swachha bharath cess? if may not be eligible for set off input swachha bharath cess against output swachha bharath cess ,then what procedure i followed?

may i use input service tax for set off with output swachha bharath cess?

pls give me valid solution urgently...sir

Gokul Sharma

Gokul Sharma (Expert)
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19 May 2016 no you cannot take input credit of SWC ... YOU CANNOT SET OFF YOUR OUTPUT LIABILITY OF SWC WITH YOUR INPUTS.....SWC LIABILITY TO BE PAID BY CASH/BANK ONLY.

Gokul Sharma

Gokul Sharma (Expert)
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19 May 2016 SWC SHOULD BE BOOKED AS EXP.

Suresh Ramaswamy

Suresh Ramaswamy (Expert)
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20 May 2016 Swatch Bharat Cess as per provisions of law has to be paid only in cash - it cannot be adjusted against output tax or SBC Payable. A challan for payment of SB Cess is a must. It has been clarified by notification dated 3rd February 2016 that no input credit can be availed for SBC nor can any payment be made by CENVAT Credit.

In the books of accounts SBC has to be booked as expenses and even the payments made on output service are not CENVAT able.

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