Carry forward of KKC, EC etc., into GST – implications of recent Delhi High court decision

  • Category: assessment and litigation
  • Date: 12-03-2018
  • Writers: CA Lakshman K, CA Venkata Prasad

Education Cess was being levied on Central Excise and Service Tax from 10.09.2014. Education Cess paid on the purchase was available as credit against payment of education cess on payment on the output removal. Credit of cess was not able to use for the payment of duty. Later when the rate of excise duty was increased from 12% to 12.5%, cess was rescinded. There by the accumulated credit was not able to be used. Similar was in case of Krishi Kalyan Cess credit in case of service tax. Now...

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