We are paying GST Compensation Cess to Coal India Ltd. for purchase of Coal ------
Question: Can We Claim Refund of said Compensation Cess to GST Authority ?????
Please reply ...
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Is gst compensation cess refundable to tax payer??
Replies (3)
I don't think so but cess paid by you maybe taken as input ITC and adjust the same with put
output
Yes, input credit can be availed on Cess paid on inward supplies. However, credit of Cess paid can be utilized only towards payment of Cess liability.
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