CENVAT Alert | Utilisation of credit of Cesses by service provider

Dear Reader,

This is to update you on a recent Notification No. 22/2015-CE (NT) dated October 29, 2015, amending the Cenvat Credit Rules, 2004. The said Notification allows an output service provider to utilize the credit of the education cess, and senior and higher secondary education cess (‘the Cesses’) for payment of service tax in the following circumstances:

To Read More, Please click on the below mentioned link:

Cenvat-Alert-I-Utilisation-of-credit-of-Cesses-by-service-provider-I-November-6-2015