Good Morning to all.....
In the current budget .. the Edu.Cess 2% & Sec.edu.cess 1% is exempted vide Notification no. No.14/2015-Central Excise & Notification no. No.15/2015-Central Excise.
My question: We are a registered central excise assessee and have a manufacturing unit. One of our bearing supplier is charged the both cess on his bearing invoices of current month [mar-2015]. when I asked him to don't charge the cess amount, becuase it is exempted, then he replied that he received the material with cess amount charged from his bearing manufacturer company, so he liable to charge and take the cess amount from customers.
In this case what we can do ?. Can we avail the cenvat of cess amount ? Or we booked/add the cess in purchase amount ?