Swatch Bharat cess set off

This query is : Resolved

Mohammed Salman (Querist)
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23 April 2016 I wish to know that I am a C&F of a cement company namely The India Cements Ltd. And I gives to a third party the Contract for the same and they claims the amount from me by Bill charging service tax and sb cess. I wish to know that the sb cess also can be setoff along with the service tax setoff ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 April 2016 SB cess can't be set off.

CA Kumar Mukesh

CA Kumar Mukesh (Expert)
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23 April 2016 No Swatch Bharat cess will be treated as Expense... No set off or you can say cenvat credit is admissible... Of Swatch Bharat cess

Suresh Ramaswamy

Suresh Ramaswamy (Expert)
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24 April 2016 Swach Bharat Cess is not CENVAT able. The Cess has to be paid in cash and unlike RCM there is no Input Credit available under any other output service.