Chargability of Education Cess

This query is : Resolved 

06 March 2008 On additional and Anti-dumping duty, higher education cess@1% will be charged? if yes then under which provisions of customs?

07 March 2008 THE FINANCE ACT INTRODUCED IN PARLIAMENT IN THE YEAR 2007 FOR BUDGET PROPOSALS FOR 2007-2008 CONTAINED A LEVY OF HIGHER EDUCATION CESS OF 1% IN ADDITION TO BASIC EDUCATION CESS OF 2%( THIS WAS INTRODUCED EARLIER) ON ALL TAXES DIRECT OR INDIRECT TAXES WHICH INCLUDES CUSTOMS ALSO.
WHEN THE UNION PARLIAMENT PASSED A BILL FOR A LEVY ON ALL TAXES , IT IS IMMATERIAL WHETHER ANY PARTICULATR ACT HAS TO AGAIN CONTAIN SUCH LEVY.
R.V.RAO


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query