We have a civil contract with ABC co. Ltd. As per BOCWA Act we have to deposit labuor cess 1% to Labuor department and the principal employer is liable to deposit tax to labuor department
Contractor is submitting his bills in this way example. Bill Amount = 100 +Service Tax = 4.12 (Composite Method) ------------------------------------------- Total = 104.12
Now problem is in which amount I have to be deducting Labour cess on 100 Rs or on 104.12 after tax. Please guide me and if you can send me any relevant section for same or any example then it would be helpful to me explain further.
CAclubindia
