Aplicabilty of kkc

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 May 2016 Dear sir/madam,

1) We are billed on 10-05-2016 & for these bill amounts will be received after 01-06-2016, is Krishi Kalyan Cess applicable if payment received after 01-06-2016 ?
2) We are going to rise the bill on 31-05-2016, Payment will receive after 01-06-2016. IsKrishi Kalyan Cess chargeable if bill received before 01-06-2016?

Please help me

19 May 2016 Yes, you shall be liable to pay Krishi Kalyan Cess on such invoices in terms of Rule 5 of Point of Taxation Rules, 2012.



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