https://www.taxtmi.com/article/detailed?id=6840 Krishi Kalyan Cess (KKC) is levied on the value of taxable services from June 1, 2016, computed on post-abatement value under existing valuation rules and applied under the same reverse-charge and partial reverse-charge framework as Service tax. KKC is excluded for negative-list services, notified exemptions and activities outside the definition of service. Rebate and refund mechanisms cover input services used for exports and SEZ operations. Cenvat credit of KKC is allowed only to service providers for payment of KKC, and Point of Taxation amendments create timing-based liabilities that may produce anomalies between forward and reverse charge cases. en-us Mon, 30 May 2016 10:23:20 +0530 Mon, 30 May 2016 10:23:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6840 Krishi Kalyan Cess (KKC) is levied on the value of taxable services from June 1, 2016, computed on post-abatement value under existing valuation rules and applied under the same reverse-charge and partial reverse-charge framework as Service tax. KKC is excluded for negative-list services, notified exemptions and activities outside the definition of service. Rebate and refund mechanisms cover input services used for exports and SEZ operations. Cenvat credit of KKC is allowed only to service providers for payment of KKC, and Point of Taxation amendments create timing-based liabilities that may produce anomalies between forward and reverse charge cases. Articles Service Tax Mon, 30 May 2016 10:23:20 +0530 https://www.taxtmi.com/article/detailed?id=6840