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Cenvat credit

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(Querist)
16 May 2013 Is education cess & Shec charged on the basic price or in cenvat & why
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
16 May 2013 charged on tax value and no on basic price.
as written in respective section of edu cess and shec of respective finance act,
eg. section 95 of finance act 2004 for service tax.

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