sujit naha (accountant) (347 Points)
05 October 2017We are paying GST Compensation Cess to Coal India Ltd. for purchase of Coal ------
Question: Can We Claim Refund of said Compensation Cess to GST Authority ?????
Please reply ...
g mahesh Mundra
(Business and tax consultant)
(3293 Points)
Replied 05 October 2017
Vinod Araveti
(Practicing CA)
(1180 Points)
Replied 05 October 2017
Yes, input credit can be availed on Cess paid on inward supplies. However, credit of Cess paid can be utilized only towards payment of Cess liability.
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