What is the Krishi kalyan Cess (KKC)?

1.What is the meaning of Krishi kalyan Cess (KKC)?

2.How does Krishi Kalyan Cess apply on ‘stock trader’?

3.From Which Date Krishi Kalyan Cess is applicable?

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1.What is the meaning of Krishi kalyan Cess (KKC)?

It is a Cess which shall be levied and collected in accordance with the provision of Chapter VI of the Finance Act, 2015 called Krishi kalyan Cess, as Service Tax on all Taxable Services at the rate of 0.5% of the value of Taxable Services.

2.How does Krishi Kalyan Cess apply on ‘stock trader’?

On all Taxable Services at the rate of 0.5% of the value of Taxable Services

3.From Which Date Krishi Kalyan Cess is applicable?

Krishi Kalyan Cess is applicable from 1st June, 2016.

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