Swachh Bharat Cess

[Raman Kumar Jha]

Is the Swachh bharat Tax not eligible to credit in excise book 23 a part II

AI Summary

Uncertainty Over CENVAT Credit Eligibility for Swachh Bharat Cess; Stakeholders Seek Clarity on Forfeited Advance Payments Taxation A discussion on the eligibility of Swachh Bharat Cess (SBC) for CENVAT credit reveals uncertainty, as the Central Board of Excise and Customs (CBEC) has not clarified the issue. Some participants note that according to recent FAQs, CENVAT credit on SBC cannot be availed. Stakeholders are urging the government to reconsider this stance. Additionally, a query about service tax on forfeited advance payments for a postponed wedding highlights confusion over tax obligations when services are not rendered. The discussion seeks clarification on whether service tax applies in such cases.