A curious case of Cess – A critique on the Apex Court’s decision in Unicorn Industries
Cesses are taxes earmarked for specific purposes and are levied and collected as ‘duties of excise / customs’ or ‘service tax’ under various Finance Acts and special statutes dealing with Indirect Taxes. Since, Cesses share the subject matter of levy with the primary duties, they are fairly controversial. Disputes range between availability of credit of Cesses (Sugar Cess, Clean Energy Cess) and denial of exemption to Cesses which were otherwise granted to duties of excise / customs. The article focusses on the latter class of disputes.
Through this article, our Managing Partner, Mr. Puneet Bansal and Associate, Ms. Sneha Ghosh have tried to focusses on the latter class of disputes.
Please click to read our article titled “A curious case of Cess – A critique on the Apex Court’s decision in Unicorn Industries“ on the issue.