Cess payment timing and interest for delay under construction workers' social security rules. Payment of cess is treated as made on the date of deposit with the cess collector, deduction at source, or deposit with the local authority, depending on the mode used. If an employer fails to pay cess within the time specified in the assessment order, interest is payable on the unpaid amount at one percent per month or part thereof from the due date until actual payment. The rule thus fixes the time of payment and the consequence of delay.
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Provisions expressly mentioned in the judgment/order text.
Cess payment timing and interest for delay under construction workers' social security rules.
Payment of cess is treated as made on the date of deposit with the cess collector, deduction at source, or deposit with the local authority, depending on the mode used. If an employer fails to pay cess within the time specified in the assessment order, interest is payable on the unpaid amount at one percent per month or part thereof from the due date until actual payment. The rule thus fixes the time of payment and the consequence of delay.
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