Is CESS @ 1 % to be paid on the Service Tax / GST Amount apart from the Contract Value?
From India, Chandigarh
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From India, Chandigarh
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Hi Srawat, You need to pay cess on total cost of the project, excluding land value and compensation paid to employees.
From India, Bangalore
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131From India, Bangalore
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Mr./Ms. Srawat,
Under Section 3 of the Welfare Cess Act, these construction companies are liable to the levy of a Cess at a rate not exceeding two percent, but not less than one percent, of the cost of construction incurred. It is clear that the Cess can only be levied for the purposes of the BOCW Act. It has to be calculated from the invoice (exclusive of taxes).
From India, Delhi
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Under Section 3 of the Welfare Cess Act, these construction companies are liable to the levy of a Cess at a rate not exceeding two percent, but not less than one percent, of the cost of construction incurred. It is clear that the Cess can only be levied for the purposes of the BOCW Act. It has to be calculated from the invoice (exclusive of taxes).
From India, Delhi
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Labour Welfare Cess Reg Application-FOR MET.docx