How will the cess calculate if Quantity of Coal Purchase is
This query is : Open
07 January 2021
How will the cess calculate if Quantity of Coal Purchase is in between 1 and 2 tonnes,
The rate for cess on coal purchase is 400RS/MT,
Same as 800RS per 2 MT,
But in such cases if Quantity is eg. 1.5MT, Now the how would the cess calulated?
(i) 1.5MT*400RS or (ii) 2MT*400RS?
Thanks in advance.
The rate for cess on coal purchase is 400RS/MT,
Same as 800RS per 2 MT,
But in such cases if Quantity is eg. 1.5MT, Now the how would the cess calulated?
(i) 1.5MT*400RS or (ii) 2MT*400RS?
Thanks in advance.
07 January 2021
It should be on 1.5 MT.
09 January 2021
May i know if there is any circular for reference source?
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