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May 17, 2016

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Krishi Kalyan Cess 2016

Krishi Kalyan Cess (KKC) – 15 Questions Answered!

TaxationBy CA Mohnish KatreMay 17, 20169 Comments

  Finance minister, Mr. Jaitley had proposed to impose a Cess, called the Krishi Kalyan Cess (KKC), at 0.5% on all taxable services during Budget 2016. Effective date of Krishi Kalyan Cess is 1st June 2016. In this article, we are trying to answer most commonly asked questions about this new tax. As you know, Service tax is a tax…

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