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Separate accounts - separate entries - Education cess - SHEC, Central Excise

Issue Id: - 447
Dated: 18-5-2007
By:- Manoj Aggarwal

Separate accounts - separate entries - Education cess - SHEC


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Whether separate accounts in books as well as separate entries in the bills are required in respect of Edu cess of 2% and SHE cess of 1% ?? Or can we charge straight 3% in the bill ??

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 18-5-2007
By:- Sudhir V S
Dear Mr. Aggarwal, Since SHEC is a seperate levy, it has to be accounted seperately, and also has ot be charged and paid seperately.

Page: 1

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