Examples of Cess in a sentence
Income Tax, Royalty, GST (CGST, SGST, IGST), Construction Workers' Welfare Cess, Labour Insurances EPF and similar other statutory levy / cess will have to be borne by the contractor/bidder and his/her quoted rate should be quoted accordingly after considering all these charges, and no separate payment towards any of the statutory taxes rents or levies shall be made by the work implementing authority.
Also, please mention separate applicable HSN / SAC Code and rate of GST and Cess as applicable for each item of Goods/Service.
GST, Royalty & all other statutory levy/ Cess will have to be borne by the contractor as per Govt.
Any statutory increase or decrease in the taxes and duties including GST and Cess as applicable or in the event of introduction of new tax/cess or cessation of existing tax/cess in the taxes subsequent to your offer if it takes place within the contract period will be UGVCL account subject to the claim being supported by documentary evidence.
The amount of GST/ and Cess as applicable should clearly be indicated separately.