Swachh Bharat Cess

[Admin TMI]

Question - What are provisions related to Swachh Bharat Cess in Finance Bill 2015 ?

[Admin TMI]

An enabling provision is being made to empower the Central Government to impose a Swachh Bharat Cess on all or any of the taxable services at a rate of 2% of the value of such taxable services with the objective of financing and promoting Swachh Bharat initiatives.

This Cess shall be levied from a date to be notified by the Central Government in this regard and will not have immediate effect.

AI Summary

Swachh Bharat Cess proposed: a service cess to finance sanitation initiatives, to be levied from a notified future date.
An enabling statutory measure authorizes the Central Government to impose a Swachh Bharat Cess on all or any taxable services to generate revenue for sanitation and cleanliness initiatives; the levy is calculated as a percentage of the value of taxable services and will commence only from a date notified by the Central Government.