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Service tax input for s b cess
CAN WE TAKE THE S B CESS AS INPUT CREDIT JUST LIKE SERVICE TAX
Replies (2)
SBC has to be paid in cash. credit is not allowed.
SBC is not integrated in the Cenvat Credit Chain. Therefore, credit of SBC cannot be availed. Further, SBC cannot be paid by utilizing credit of any other duty or tax.
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