Additional Cess of 1% on taxable services - how to avail and utilize Cenvat credit

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..... Additional Cess of 1% on taxable services - how to avail and utilize Cenvat credit - Commentaries / Editorials Dated:- 16-5-2007 - News - As we know that additional cess of 1% Secondary and Higher Ed .....

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..... ucation Cess is leviable on taxable services with effect from 11-05-2007 and on Goods manufactured (Central Excise Duty) and Goods Imported (Customs Duty) it has been levied with effect from 1-3-2007. .....

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..... Now a general query is being raised, the manner and procedure for availing and utilizing this additional 1% cess. As per the amended rule 3 of the Cenvat Credit Rules, 2004 , Cenvat Credit of " .....

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..... education cess" and "secondary and higher education cess" will be treated at par. Cess (E Cess or SH E Cess) is to be used to pay cess (E cess or SH E Cess) only. One can be used to pay second but b .....

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..... oth can not be used to pay service tax or excise duty. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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