Question29:

Whether Swachh Bharat Cess and Krishi Kalyan Cess available for Transitional credit or otherwise?

Answer:

There are explanation notes given in Section 140 regarding meaning of the  term "eligible duty" used in section 140  which does not include KKC and SBC. But this is not applicable to claim taken under section140(1).
In section 140 (1) this covers all opening balance of  cenvat credit.
In addition  to it there is settled law that  if there are two interpretations of law then one which is in favour of the asessee should be preferred.
In our opinion ITC of KKC and SBC is available. But this argument is not accepted by Judgement of Delhi High court which is enclosed herewith. (Reply dt. 25/4/2018)