Education Cess & Higher education cess

[vuchcholla Bhaskar]

Dear Sir,

Some of our suppliers charging Education cess and Higher education cess after budget. Now i m eligible to take credit or not. If i am taking credit then what is the procedure for refund like time period and documents required.

please help us in this regard.

Thanks,

Bhaskar

AI Summary

Education Cess Credit Eligibility Before March 1, 2015: Creditable But Not Utilizable; No Refunds Available A user inquired about the eligibility to claim credit for Education Cess and Higher Education Cess charged by suppliers after a budget change, and the procedure for refunds. An expert clarified that if the invoice is dated before March 1, 2015, the cesses could be credited, but not utilized, as they were exempted from that date. There is no clarity on using the closing balance post-exemption, and no refund is available. Another participant praised the expert's response, and the original inquirer expressed gratitude for the information. Further clarification was sought on credit eligibility for invoices dated before March 1, 2015.