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Levy and collection of cess

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....n one per cent. of the cost of construction incurred by an employer, as the Central Government may, by notification, from time to time, specify. Explanation.- For the purposes of this sub-section, the cost of construction shall not include,- (a) the cost of land; and (b) any compensation paid or payable to an employee or his kin under Chapter VII. (2) The cess levied under sub-section (....