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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 Ces .....

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fied levy of Swachh Bharat Cess at the rate of 0.5% on all taxable services. Effectively, the rate of SBC would be 0.5% and new rate of service tax plus SBC would be 14.5%. As such SBC translates into a tax of 50 paisa only on every one hundred rupee .....

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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 avai .....

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olidated fund of India, ought to be judicious without discriminating among the states / UTs, it is equally important that its end use is also effectively monitored to ensure its fullest and desirable utilization. The distribution and monitoring holds .....

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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 t .....

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management and public health measures. Government should ensure the SBC spends in focus areas, some of which could be as follows- Hygienic sanitation environment Sufficient public toilets / convenience facilities Adequate water availability centers E .....

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chh Bharat mission under which cities will be ranked on the parameters of sanitation, cleanliness and hygiene. Swachh Bharat Mission (SBM) is an attempt to keep Government's promise of delivering a clean India by 2019. The ranking is expected to .....

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be worth mentioning here that SBC should not be used for financing the smart city project of the Government as SBM and SLP are two entirely different projects having diverse objectives, though SBM implementation will give a boost to SLP. In fact, Gov .....

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