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Difference
|
SBC |
KKC |
|
It means Swachh Bharat Cess |
It means Krishi Kalyan Cess |
|
It was introduced from 15 Nov 2015 |
It was introduced from 1 June 2016 |
|
No Cenvat Available of SBC |
Input Cenvat Available of KKC However,same can be utilizedagainst Output KKC Only |
Similarity
- Both Charged at 0.5%
- Both Charged on Amount
- Different Rules of Service Tax like Service tax Valuation Rules,Point of Taxation Rules, Reverse Charge will apply on both
- Service tax paid for Specified Services in Special Economic Zone will be charged on both
- Special Rates of Service Tax changed because of implementation.
