https://www.taxtmi.com/news?id=41 Under amended Rule 3 of the Cenvat Credit Rules, 2004, credit of education cess and secondary and higher education cess are treated at par and may be availed and utilised only for payment of education-related cess liabilities. Cess credit cannot be applied against central excise duty or service tax; each must be preserved for cess payments, though either cess credit may be used to discharge the other cess type. en-us Wed, 16 May 2007 19:14:00 +0530 Sat, 23 Oct 2010 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41 Under amended Rule 3 of the Cenvat Credit Rules, 2004, credit of education cess and secondary and higher education cess are treated at par and may be availed and utilised only for payment of education-related cess liabilities. Cess credit cannot be applied against central excise duty or service tax; each must be preserved for cess payments, though either cess credit may be used to discharge the other cess type. News - Wed, 16 May 2007 19:14:00 +0530 https://www.taxtmi.com/news?id=41