Krishi Kalyan Cess

[Gunasekhar B]

Dear Sir/ Madam,

We would like to understand that the Notification related to KKC has been released from the Government or not yet. If not yet, is there any expected date to be released. As you all aware of that KKC is effective from 1st June 2016 so we need to make our system setting based on this new change but SAP is looking for Government notification which they can refer for the solution and release the SAP Note related to KKC solution.

In case it is getting delay in release the notification from Government then, is there any effective date change with future date?

Thanks in Advance for quick reply.

Regards,

Gunasekhar Bollineni

+91-9986037850

AI Summary

Government Notification for Krishi Kalyan Cess Effective June 1, 2016; Delay Won't Affect Implementation Date A discussion forum participant inquired about the release of a government notification regarding the Krishi Kalyan Cess (KKC), which is effective from June 1, 2016. The participant sought confirmation on whether the notification had been issued and if any delay would affect the effective date. Respondents indicated that while the Financial Bill, 2016 had been enacted, the notification could be issued anytime, and the effective date would remain unchanged. They suggested that the lack of notification should not hinder system updates for the new service tax levy. Participants also provided sources for further information on the Finance Act.