Service tax
PRAGYA ROHATGI
(Querist) 30 May 2016
This query is : Resolved
Dear All ,
From 1st June 2016 Krishi Kalyan Cess is being applicable @.5% .
Krishi Kalyan Cess is applicable on all Billing from 1st June 2016 .
Please advise whether I am entitled to recover Krishi Kalyan Cess on previous debtors also .
Regards
Sandeep
R.K Nanda
(Expert) 31 May 2016
consult tax lawyer.
T. Kalaiselvan, Advocate
(Expert) 04 June 2016
It is effective from 01 June 2016, so all the transactions shall be subjected to the recovery of the said tax with effect from the date specified by government and not retrospectively.