Regarding SBC

[Mangesh khedkar]

Dear sir,

I have given contract to security agency (company) & vendor raised bill month of November 2015 with invoice date 30 Nov. 2015 but vendor charge Swachh Bharat Cess on only 16 days service value. hence please suggest it is correct or not.

AI Summary

Security Agency Must Apply Swachh Bharat Cess to Full Invoice Amount as per Rule 5 of Taxation Rules 2011. A query was raised regarding the applicability of Swachh Bharat Cess (SBC) on a security agency's invoice dated November 30, 2015, which charged SBC for only 16 days. Several respondents agreed that SBC should apply to the entire invoice amount, not just part of it, as the invoice was issued after November 29, 2015. According to Rule 5 of the Point of Taxation Rules, 2011, SBC is applicable on all services provided and invoiced after November 15, 2015. The consensus was that the vendor must pay SBC on the full invoice amount.