Swachh bharat cess

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 January 2016 Sir,

(input Swachh Bharat)

Any one can tell me The Input Swachh Bharat Cess 0.5% of (Service Tax) can be availed as cenvat credit ?

If No. Please tell me the accounting treatment ?

Thank you.

M.Senapati

14 January 2016 No credit is available for Swatch Bharat Cess. Further Swatch Bharat Cess would be an treated as an expense.

14 January 2016 SBC is not integrated in cenvat Credit Chain. SBC paid on Input services cannot be availed as CENVAT CREDIT. It cannot be paid by utilising the credit of any other duty or tax.


14 January 2016 No credit available for it



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries