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    <title>Krish Kalyan cess - cenvatable?</title>
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    <description>Krishi Kalyan Cess applies to taxable services and is not leviable on excisable goods. Manufacturers may lawfully take Cenvat credit of KKC paid on input services but cannot utilise that credit against excise outputs because KKC is not chargeable on manufactured goods; only output service providers can utilise KKC credit for payment of KKC on output services. Unutilised KKC credit does not lapse under existing rules and may be accumulated pending statutory amendment or future taxable service activity by the manufacturer.</description>
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    <pubDate>Thu, 21 Apr 2016 12:53:44 +0530</pubDate>
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      <title>Krish Kalyan cess - cenvatable?</title>
      <link>https://www.taxtmi.com/forum/issue?id=110220</link>
      <description>Krishi Kalyan Cess applies to taxable services and is not leviable on excisable goods. Manufacturers may lawfully take Cenvat credit of KKC paid on input services but cannot utilise that credit against excise outputs because KKC is not chargeable on manufactured goods; only output service providers can utilise KKC credit for payment of KKC on output services. Unutilised KKC credit does not lapse under existing rules and may be accumulated pending statutory amendment or future taxable service activity by the manufacturer.</description>
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      <pubDate>Thu, 21 Apr 2016 12:53:44 +0530</pubDate>
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