nitin8525
Hello !! As I am working in a Hydro power project and want to know about BOCW cess Act. Kindly confirm whether BOCW cess 1% is calculated on construction cost or total cost of project. Is plant and machinery included or not in construction cost.
Please provide the ppt/pdf of BOCW Act
Thanks.
Guddu

From India, Shimla
hiranandbhatia
Hi
BOCW Cess is @ 1% on labour wages only.
Neither the Construction cost nor the Project cost.
These two components include value of Raw Materials, etc.
An appeal in the Hon'ble Supreme Court is pending challenging the order of the Hon'ble High Court of Delhi which said "Construction Cost" should be the basis for calculating the BOCW Cess.
HB.

From India, Hyderabad
hiranandbhatia
Builders Association Of India And Ors. Etc. Etc. vs Union Of India (Uoi) And Ors. Etc. Etc. on 28/2/2007 Equivalent citations: 139 (2007) DLT 578
From India, Hyderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.