Swachh Bharat Cess and CENVAT Credit - Board Does Not Clarify
NEITHER the Press Release, nor the Notifications issued yesterday clarifies as to whether Swachh Bharat Cess is cenvattable and whether Swachh Bharat Cess can be paid from CENVAT account. This is a major cause of concern and the Board should address it immediately. This requires amendment of the CENVAT Credit Rules - maybe yet another section in the Board is working on that.