Dear sir,
we can take the credit krishi kalyan cess.please give me the reply ..
Regards
ashish yadav
Krishi Kalyan Cess: Manufacturers Can't Use KKC Credit for Excise Duty; Eligible for Input Service Rebate Only A user inquired about the eligibility to claim credit on Krishi Kalyan Cess (KKC). Respondents cited a government notification, explaining that manufacturers cannot use KKC credit to offset central excise duty or KKC paid under reverse charge. However, KKC paid on input services is eligible for rebate claims. If a manufacturer is also a registered service provider, the KKC credit can be used for output services, but only towards KKC liabilities. The discussion emphasized that input service credit on KKC must be used solely for KKC and not for other duties. (AI Summary)
Service Tax