TaxTMI 
TaxTMI 
Dear sir,
we can take the credit krishi kalyan cess.please give me the reply ..
Regards
ashish yadav
Krishi Kalyan Cess
28 May 2016 
6 Replies 
2198 Views Asked by
Input credit of Krishi Kalyan Cess cannot be set off against excise and is limited to KKC liabilities only.
Contributors state that input credit of Krishi Kalyan Cess cannot be set off against central excise duty and is not available for KKC paid under reverse charge; KKC on input services may be rebated for exports. Where a person both manufactures and provides taxable services, KKC credit on inputs may be used against KKC output liability for those services but cannot be applied to other cesses or duties and requires a nexus with the output liability. (AI Summary)
Contributors state that input credit of Krishi Kalyan Cess cannot be set off against central excise duty and is not available for KKC paid under reverse charge; KKC on input services may be rebated for exports. Where a person both manufactures and provides taxable services, KKC credit on inputs may be used against KKC output liability for those services but cannot be applied to other cesses or duties and requires a nexus with the output liability. (AI Summary)