https://www.taxtmi.com/forum/issue?id=108480 Education Cess and Secondary and Higher Education Cess charged up to 28 February 2015 may be recorded as cenvat credit but their utilisation is limited by exemption notifications. Board clarifications permit utilisation of such cesses for payment of basic excise duty only where inputs, input services or capital goods on which the cesses were paid are received in the factory on or after 1 March 2015, with a transitional allowance for a portion of capital goods cesses; opening or earlier balances are generally not utilisable and require administrative guidance and disclosure. en-us Thu, 23 Apr 2015 14:33:56 +0530 Thu, 23 Jan 2025 15:56:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108480 Education Cess and Secondary and Higher Education Cess charged up to 28 February 2015 may be recorded as cenvat credit but their utilisation is limited by exemption notifications. Board clarifications permit utilisation of such cesses for payment of basic excise duty only where inputs, input services or capital goods on which the cesses were paid are received in the factory on or after 1 March 2015, with a transitional allowance for a portion of capital goods cesses; opening or earlier balances are generally not utilisable and require administrative guidance and disclosure. Discussion-Forum Central Excise Thu, 23 Apr 2015 14:33:56 +0530 https://www.taxtmi.com/forum/issue?id=108480