I need to know, the qualifying amount upon which CESS @ 1% is to be paid. Is it Contract value or actual value of work executed or is to be paid upon material and labour value only, involved in the execution. As principal use to insist from the contactor, upfront payment of the CESS of 1 % of the contact value, while actual scope value may be little less than contract value. What is the safest way for a contractor; should he pay in piecemeal to match with progress upon the contract ?
From India, New Delhi
From India, New Delhi
Please go through the following link :
https://wblc.gov.in/sites/default/fi...w-cess-faq.pdf
Points 5, 6, 11, 22 are of specific interest to you
From India, Mumbai
2395https://wblc.gov.in/sites/default/fi...w-cess-faq.pdf
Points 5, 6, 11, 22 are of specific interest to you
From India, Mumbai
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