Krushi Cess

[RAJENDRA KHOMNE]

Good Morning

Is cenvat credit allow on Krushi Cess? if yes pl provide Notification or circular

Thanks

R. M. Khomne

[KASTURI SETHI]

Dear Sh.Rajendra Khomne Ji,

KKC would be Cenvatable. Still amendment in Cenvat Credit Rules is awaited. It is expected before 1.6.2016 at any time.

[Ganeshan Kalyani]

Sir addition to Sri Kasturi Sir's view I would like to mention that Cenvat credit of KKC is available to Service Provider only. Thanks.

[KASTURI SETHI]

Yes I agree with the reply of Sh.Ganeshan Kalyani, Sir.

AI Summary

Cenvat credit on Krushi Cess permitted, subject to pending rule amendment and limited to service providers. Krushi Cess (KKC) is cenvatable and a formal amendment to the Cenvat Credit Rules was awaited; entitlement is stated to be available only to service providers.