Cess
CMA Sivapriya (-) (238 Points)
29 December 2015
Now swach bharat cess is levied. whether education cess and SHEC is applicable or not?
1 Replies
Mir Irshad Ali
(Partner)
(192 Points)
Replied 29 December 2015
Education Cess (2% of S.Tax) and SHEC (1% of S.Tax) is not applicable now.
S.Tax @ 14% of taxable value and Swach Bharat Cess @ 0.5% of taxable value are applicable.
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