banner_ad

Compensation Cess

Others 288 views 3 replies
is a retailer of tobacco and aerated drinks should collect compensation cess? can he avail the credit of cess levied by the distributor to set off against collected cess?
Replies (3)
section 8,9, & 11 GST compensation to states act 2017

Every interstate or intra-state supply attracts compensation cess unless such suppy is excluded from such levy. The retailer has collected the cess from you and you are eligible to take credit of this amount in terms of section 11 of Compenstion to States Act, 2017 read with section 16 and 17 of CGST Act. Pl see the restrictions incorporated in these sections before availing credit. 

Thanks for your reply, how does a retailer of cigarettes should charge cess on sales while purchasing he has paid cess at 36% and Rs 4170 per thousand


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details