Setback to Schlumberger: CESTAT Disallows Cenvat Credit of Education and SHE Cess as Refund Not Permissible Post-GST

Setback to Schlumberger: CESTAT Disallows CENVAT Credit of Education and SHE Cess as Refund Not Permissible Post-GST Schlumberger has faced a setback as the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) disallowed its claim for CENVAT credit of Education Cess and Secondary and Higher Education (SHE) Cess. CESTAT ruled that a refund of these cesses is not permissible in the post-GST regime. This decision aligns with the principle that transitional provisions under GST generally do not allow for the refund of cesses that were subsumed into the new tax system, impacting companies with accumulated legacy credits.