Some important points to remember in case of Krishi Kalyan Cess (KKC)
May. 25, 2016
Here are the some important points to remember for KKC:1. KKC is applicable from 1.6.2016.2. It is to be charged on taxable services @ 0.5%. 3. It should be separately disclosed in the invoice.4. The CENVAT credit would be available but could be utilised against payment of KKC only5. KKC is applicable on services covered under Reverse charge mechanism.