CENVAT CREDIT ON KRISHI KALYAN CESS

[SURYAKANT MITHBAVKAR]

Can we avail cenvat credit on Krishi Kalyan Cess paid on services.

[Rajagopalan Ranganathan]

Sir,

You can avail credit of KKC and use it for payment of KKC on output services only.

[Ganeshan Kalyani]

Sir i agree with Sri Rajagopalan Sir. Infact you can avail input KKC credit against output KKC only. For the same you need to be service provider. Thanks.

AI Summary

Cenvat credit on Krishi Kalyan Cess available but usable only against output KKC by service providers.
Input Krishi Kalyan Cess paid on services is eligible for Cenvat credit but may be utilised only to discharge Krishi Kalyan Cess liability on output services; the claimant must be a service provider and the input KKC credit cannot be applied against other taxes or duties.