Quote:
Originally Posted by prasad1
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Starting 15th November 2015, Hotel, Mobile Phone bills, airline tickets will get more expensive with the finance ministry of India deciding to impose a Swachh Bharat cess on all services. As a consumer, you will have higher input cost for your business and as a business owner, you need to be sure how to deal with this new tax levy “Swachh Bharat Cess”.
“The proceeds from this cess will be used for financing and promoting Swachh Bharat initiatives,” the ministry said in a statement.
Another revenue generator for the central Government. A totally unaccounted expenditure, with no transparency.
SBC is tax in addition to Service Tax which shall be levied and collected in accordance with the provisions of Chapter VI of the Finance Act, 2015,called “Swachh Bharat Cess”, as service tax on all the taxable services at the rate of 0.5% of the value of taxable service. SBC has been imposed for the purposes of financing and promoting Swachh Bharat initiatives by government. (Refer official Swachh Bharat Cess Notification No.21/2015-Service Tax, dated 6th November, 2015).
SBC has been imposed for the purposes of financing and promoting Swachh Bharat Abhiyan initiatives. Proceeds of the SBC will be credited to the Consolidated Fund of India, and the Central Government.
http://www.profitbooks.net/swachh-bharat-cess-sbc/
I have not seen any account of the money collected and spent for this cess (tax).
We traveled by road from Ranchi to Jamshedpur in Jharkhand state. We did not see a single public toilet for the entire 4-hour journey.
“The proceeds from this cess will be used for financing and promoting Swachh Bharat initiatives,” the ministry said in a statement.
Another revenue generator for the central Government. A totally unaccounted expenditure, with no transparency.
SBC is tax in addition to Service Tax which shall be levied and collected in accordance with the provisions of Chapter VI of the Finance Act, 2015,called “Swachh Bharat Cess”, as service tax on all the taxable services at the rate of 0.5% of the value of taxable service. SBC has been imposed for the purposes of financing and promoting Swachh Bharat initiatives by government. (Refer official Swachh Bharat Cess Notification No.21/2015-Service Tax, dated 6th November, 2015).
SBC has been imposed for the purposes of financing and promoting Swachh Bharat Abhiyan initiatives. Proceeds of the SBC will be credited to the Consolidated Fund of India, and the Central Government.
http://www.profitbooks.net/swachh-bharat-cess-sbc/
I have not seen any account of the money collected and spent for this cess (tax).
We traveled by road from Ranchi to Jamshedpur in Jharkhand state. We did not see a single public toilet for the entire 4-hour journey.
cess forthe country....