GST Compensation Cess Archives - Srinivasan V, Advocate

October 4, 2018July 7, 2020GST RulingsGST Compensation Cess

Is levy of GST Compensation Cess Constitutional?

Issues: Is the Parliament competent to levy GST compensation cess? Is it permissible to levy both CGST/SGST/IGST & GST compensation cess on the same taxable event? Can CEC paid by the assessee be allowed to be set off against GST compensation cess? Background: Assessee paid Clean Energy Cess (CEC) on coal imported prior to July […]

September 14, 2018June 23, 2020GST PostsClean Energy Cess, GST Compensation Cess, GST Transitional Credit

Coal Importers boxed by amendment barring credit of Clean Energy Cess on transitional stock

With effect from July 01, 2010, Clean Energy Cess (renamed subsequently as Clean Environment Cess / “CEC”) was levied as a “duty of excise” on removal of raw coal, lignite and peat from the coal mine [vide Section 83(3) of the Finance Act, 2010]. This levy was primarily intended for financing and promoting clean energy initiatives […]

Srinivasan V, Advocate

FCA, LL.B. (Hons.)

Tag: GST Compensation Cess

Is levy of GST Compensation Cess Constitutional?

Coal Importers boxed by amendment barring credit of Clean Energy Cess on transitional stock