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Its full Form is Secandary and Higher Education Cess (SHE Cess) . it is additional Cess imposed by govt. to pramote higher education
According to Worldwide-Tax.com a CESS is an education tax in India. Site referenced: http://www.worldwide-tax.com/india/india_tax.asp.
CESS is a synonym for tax, duty, fee, etc. When tax is applied to income, its called INCOME TAX... When tax is applied to goods, its called DUTY, say, EXCISE DUTY, CUSTOMS DUTY, etc... When tax is applied to a particular purpose, its called CESS, say, EDUCATION CESS, HIGHER & SECONDARY CESS...
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cess office address
I am alive. Robert Cess
River Cess's population is 2,578.
What is Cess Tax?? is there any full form of CESS?? OR its just word related to Tax??
cess means go, seperate, or withdraw
Tax is calculated as a percent from income/transaction. Cess is calculated on tax. Example: Income: 1,00,000 Tax: 10% Cess: 5% Tax= 10% of 1,00,000= 10,000 Cess= 5% of tax= 5% 0f 10,000= 500