https://www.taxtmi.com/acts?id=12835 A statutory cess on turnover or gross receipts is levied to finance rehabilitation or protection of sick industrial companies; the Central Government specifies the applicable rate by notification and may make rules on the manner of payment. Companies must pay the cess annually within three months of the financial year end and supply prescribed details of turnover and gross receipts, with payment, to the Central Government and the Tribunal in the prescribed form. en-us Tue, 17 May 2011 14:12:36 +0530 Tue, 17 May 2011 14:12:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12835 A statutory cess on turnover or gross receipts is levied to finance rehabilitation or protection of sick industrial companies; the Central Government specifies the applicable rate by notification and may make rules on the manner of payment. Companies must pay the cess annually within three months of the financial year end and supply prescribed details of turnover and gross receipts, with payment, to the Central Government and the Tribunal in the prescribed form. Act-Rules Companies Law Tue, 17 May 2011 14:12:36 +0530 https://www.taxtmi.com/acts?id=12835