2018 (8) TMI 2150 - SCH - Service Tax

Utilization of credit accumulated on account of Education Cess and Secondary and Higher Education Cess for payment of service tax leviable and payable on telecommunication services - It was held by High Court that In the present case, credit of EC and SHE could be only allowed against EC and SHE and could not be cross- utilized against the excise duty or service tax. In fact, what the petitioners seek is an amendment of the scheme to allow them to take cross utilization of the unutilized EC and SHE upon the two cesses being withdrawn against excise duty and service tax, though this was not the position even earlier. Both EC and SHE were withdrawn and abolished. HELD THAT - Issue notice.

Summary

The Supreme Court of India issued a notice in a case with citation 2018 (8) TMI 2150 - SC. Justices A.K. Sikri and Ashok Bhushan presided over the case. Petitioner represented by Mr. Kapil Sibal and others, while the respondent had no representation.