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    <title>GST APPLICABLE ON LABOUR CESS AND SEIGNORAGE FEES</title>
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    <description>Contractor invoices for work list labour cess and seigniorage fees separately, which the government department deducts and remits. Under Section 15(2) of the CGST Act, the value of supply includes taxes, duties, cesses and fees charged separately or amounts the supplier is liable to pay but which the recipient incurs; contributors therefore treat such cesses as includible in the taxable value and subject to GST unless a statutory exclusion or valid pure agent treatment applies.</description>
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      <link>https://www.taxtmi.com/forum/issue?id=118312</link>
      <description>Contractor invoices for work list labour cess and seigniorage fees separately, which the government department deducts and remits. Under Section 15(2) of the CGST Act, the value of supply includes taxes, duties, cesses and fees charged separately or amounts the supplier is liable to pay but which the recipient incurs; contributors therefore treat such cesses as includible in the taxable value and subject to GST unless a statutory exclusion or valid pure agent treatment applies.</description>
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      <law>GST</law>
      <pubDate>Wed, 04 Jan 2023 16:30:00 +0530</pubDate>
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