No Compensation Cess on Coal Rejects Supplied to a Coal Washery as well: Notification
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- Last Updated on 2 March, 2023
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Notification No. 1/ 2023-Compensation Cess (Rate) dated February 28th, 2023
The CBIC has issued notification to extend the exemption benefit on coal rejects supplied to coal washery, arising out of coal on which compensation cess has been paid and no input tax credit thereof has been availed by any person. By this amendment, the coal washeries would completely be relaxed from the ambit of compensation cess liability as far as the supplies of coal rejects are concerned. However, the burden of compensation cess would remain with the power plants.
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