Tag Archives: Krishi Kalyan Cess

Krishi Kalyan Cess rebate in case of export of services

NOTIFICATION NO.29/2016-ST, DATED 26-5-2016 In exercise of the powers conferred by rule 6A of the Service Tax Rules, 1994, the Central Government, hereby makes following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue),No. 39/2012- Service Tax, dated the 20th June, 2012, published in the Gazette of… Read More »

Krishi Kalyan Cess Accounting code for payment notified

Krishi Kalyan Cess Accounting code  notified by Govt as per Following Circular : 507-Krishi Kalyan Cess Circular No. 194/04/2016-ST F. No. 354/31/2016-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) *** Dated the 26th May, 2016. To Principal Chief Commissioners of Customs and Central Excise(All) Principal Chief Commissioners of Central Excise &… Read More »

KRISHI KALYAN CESS w.e.f 01.06.2016

KRISHI KALYAN CESS Salient Features of Krishi Kalyan Cess Krishi Kalyan Cess, imposed by Finance Act 2016 by inserting new Chapter-VI Krishi Kalyan Cess, @ 0.5% on all taxable services, Krishi Kalyan Cess will come into force w.e.f 01.06.2016 Input Tax credit of Krishi Kalyan Cess will be available for payment of this cess Krishi Kalyan… Read More »


KRISHI KALYAN CESS What is the Chapter for KRISHI KALYAN CESS under Finance Bill 2016 ? KRISHI KALYAN CESS is levied as per CHAPTER VI of Finance Bill 2016 What is the date of applicability of KRISHI KALYAN CESS ? It shall come into force on the 1st day of June, 2016. What is the rate of KRISHI KALYAN… Read More »

Krishi Kalyan Cess @ 0.5% on all taxable servies ; Budget 2016

Additional Resource Mobilization for agriculture, rural economy and clean environment Krishi Kalyan Cess @ 0.5% on all taxable services for financing initiatives relating to improvement of agriculture and welfare of farmers While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that uniform application of Dividend Distribution… Read More »