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USE OF SWACHH BHARAT CESS (SBC)

Service Tax - By: - Dr. Sanjiv Agarwal - Dated:- 7-12-2015 - According to the statutory provisions for levy of Swachh Bharat Cess (SBC), Chapter VI (Section 119) of the Finance Act 2015 contains provisions for levy and collection of Swachh Bharat Cess (SBC). Now the Government has announced 15th November, 2015 as the date from which the provisions of Section 119 would come into effect (notification No.21/2015-Service Tax, dated 6th November, 2015 refers). Simultaneously, Government has also noti .....

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377; 2,09,774 crore @ 14% w.e.f. 1st June 2015 and @ 12 percent prior to that date. With about 135 days available to collect Swachh Bharat Cess, it is expected that Government may collect about ₹ 600-700 crore on account of SBC in the time available. Use of SBC SBC seeks to collect about ₹ 300 crore in the residual 2015-16 which has to be deployed towards Swachh Bharat Mission (SBM) initiatives through various means. While the allocation of the funds so collected which go to the cons .....

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current fiscal, 13 out of 29 states have not even spent 50 percent of their funds on the Swachh Bharat Mission (Rural), Government's programme on sanitation in rural areas. Also, data from Ministry of Drinking Water and Sanitation (MDWS) reveal that states have ₹ 2000 crores of unspent money. However, there are few states who have over spent also. While toilets building alone would not lead to Swachh Bharat, focus is also needed in areas like education, creating awareness, solid waste .....

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