Cenvat credit
Vatsal (Student) (453 Points)
24 August 2016
Whether Cenvat Credit Of Krishi Kalyan & Swach Bharat Cess is available??
pallav vasavada
(STUDENT)
(96 Points)
Replied 24 August 2016
It will not be available in case of Manufecturing unit but it will be available to service Provider. So Service provider can avail such credit i.e Output against Input.
Vinayak Hegde
(CA)
(154 Points)
Replied 24 August 2016
Cenvat credit of KKC is allowable, but cenvat credit on SBC is not aloowable.
Swach Bharat Cess: No cenvat is allowable and while paying the this cess one cannot utilise any amount from cenvat credit availed. i.e. it has to be paid in cash only.
Krishi Kalyan Cess: Credit can be taken on KKC. But it should be utilised to pay only KKC.
CA AYUSH AGRAWAL
(Kolkata-Pune-Mumbai)
(26986 Points)
Replied 24 August 2016
KKC Allowed against KKC ONLY.
SBC - not at all allowed
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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