ADJUSTMENT OF KK CESS, Service Tax

[AJIT SHANKAR]

As per last ST-3 filled there is a credit of Ser tax,/SB Cess lying(Closing Balance).

From 01.06.2016 KK Cess has been introduce and whether wee can adjust SB Cess from KK Cess or not.

Further pls let us know whether we can take credit of KK Cess from Tax Invoices poid by us.

Regards

AJIT SHANKAR

Posts / Replies

[Ganeshan Kalyani]

Sir, KKC liability cannot be adjusted with SBC. And credit of KKC is allowed to service provider only.

[KASTURI SETHI]

Sh.Ajit Shankar Ji,

I endorse the views of Sh.Ganeshan Kalyani, Sir.

[bhart b sharma]

it is made clear by taxing authorities that inter-adjustment of service tax, KKB or SB Cess is not to be allowed under any circumstances. in fact, such adjustments would make assessee liable to penal action as NON-PAYEE OF KK Cess.