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CENVAT credit eligibility on KKC as a manufacturer (deemed Service provider i.e. Reverse change Machanism

Service Tax - Started By: - Yatin Bhopi - Dated:- 11-3-2016 Last Replied Date:- 17-3-2016 - Dear experts, We are manufacturer and also liable to pay service tax under reverse charge mechanism on GTA, Works contract, Legal services etc. and also provi .....

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ing provision for levy of Krishi Kalyan Cess : 3.1 Krishi Kalyan Cess (KKC) is proposed to be levied with effect from 1st June, 2016 on any or all the taxable services at the rate of 0.5% on the value of such taxable services. Credit of Krishi Kalyan .....

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ry is: Since we are paying service tax on reverse charge basis (deemed Service provider) and also in Business auxiliary service (as a service provider) can CENVAT credit is available to us? (received on various input services used in relation to manu .....

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y KASTURI SETHI - The Reply = I concur with the views of Sh. Rajagopalan Ranganathan, Sir - Reply By Mahir S - The Reply = Credit of Krishi Kalyan Cess paid on input services shall be allowed to be used for payment of the proposed Cess on the service .....

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irst point is that whether you can avail the credit ST paid under reverse charge Mechanism is YES except, for the services that are under exclusion clause in the definition and the same can be used for payment of your service Tax liability.Second que .....

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y Rajagopalan Ranganathan - The Reply = Sir,In my view cenvat credit cannot be used for payment of service tax under reverse charge mechanism. The same is ture in respect of Krishi kalyan CEss also. - Reply By KASTURI SETHI - The Reply = Agreed with .....

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e person liable to pay tax is the service recipient . Hence cenvat credit cannot be used to pay tax by service receiver. Service tax has to be paid by cash only through i.e. GAR-7 challan. Once paid, Cenvat credit can be taken, if otherwise, it is hi .....

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