Which of the following statements about Krishi Kalyan Cess (KKC) is/are correct? (IAS Prelims 2016) 1. KKC is calculated in the same way as Service Tax is calculated. 2. The current rate of KKC is 0.50% 3. KKC is similar to the KKS (Krishi Kalyan Surcharge). Select the correct answer using the code given below:

Which of the following statements about Krishi Kalyan Cess

1.	Which of the following statements about Krishi Kalyan Cess (KKC) is/are correct? (IAS Prelims 2016) 1. KKC is calculated in the same way as Service Tax is calculated. 2. The current rate of KKC is 0.50% 3. KKC is similar to the KKS (Krishi Kalyan Surcharge). Select the correct answer using the code given below:
A.	1, 2 and 3
B.	1 and 2 only
C.	2 and 3 only
D.	1 only
Answer» C. 2 and 3 only