18 March 2016
GOOD MORNING EXPERTS, WE ARE EXCISABLE UNIT.SIR I WANT TO ASK QUERY ABOUT KRISHI KALYAN CESS. SIR IF WE WILL PAID KKC ON LEGAL SERVICE AND FREIGHT AND RECEIVE IN A BILL ETC. THEN SIR CAN WE TAKE CENVAT CREDIT OF KKC.
18 March 2016
Dear Krishi Kalyan Cess is proposed to be levied with effect from 1st June, 2016 on any or all the taxable services at the rate of 0.5% on the value of such taxable services. Credit of Krishi Kalyan Cess paid on input services shall be allowed to be used for payment of the proposed Cess on the service provided by a service provider.
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