Exemption of Krishi Kalyan cess on all taxable services where invoice for the same has been issued on or before 31st May,2016, subject to the condition that the provision of the same has been completed on or before 31st May 2016.

The central government has exempt whole of the krishi Kalyan cess on the taxable services in respect to which invoice has been issued on or before 31^st May 2016, subject to the condition that the provision of such service has been completed on or before 31^st May 2016.

(Notification No.35/2016, Dated 23 June 2016).

Budget 2016 introduced the Krishi Kalyan Cess (0.5%) on all taxable services with effect from 1^st June 2016, to promote and finance initiatives to improve agriculture.