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The meaning of cess tax varies from one region to another. Some of the most popular meanings include a tax, an assessment or a tax lien.

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What is full form of cess tax?

What is Cess Tax?? is there any full form of CESS?? OR its just word related to Tax??


What are the difference between tax and cess?

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


What is full form of CESS?

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...


Difference between cess and duty?

Cess tax is a type of tax that is earmarked to fund a certain cause with its proceeds. Duty is any tax that is paid on imports.


What is cess on tax?

According to Worldwide-Tax.com a CESS is an education tax in India. Site referenced: http://www.worldwide-tax.com/india/india_tax.asp.


What is Library cess?

Library cess is the mechanism by which the state government collect revenue for the functioning of public libraries in the state. Library cess is a kind of tax which is levied on the house/property tax, usually it ranges between 5%-10%.For instance, if you buy a land for 1 lakh of rupees and the property tax is 10% and the library cess over it is 5%.Then,the tax alone will amount to 10 thousand and cess will 5% of 10000,that is,500 rupees. Then the total amount you will have to pay is rupees 1,10,500 out of which rupees 500 will go in the budget of libraries.


What is the difference between duty and cess?

When govt. collects tax on goods, it is called as "duty" (eg., excise duty, customs duty) When govt. collects tax for particular purpose, it is called as "cess" S.Ramachandran Professional Impex Pvt Ltd Chennai


Full form of cess?

cess


What does cess?

cess,ceed, cede


What is SHE CESS?

Its full Form is Secandary and Higher Education Cess (SHE Cess) . it is additional Cess imposed by govt. to pramote higher education


What is the rate of service tax for the year 2005-06?

The rate of Service Tax in the Year 2005-06 was 10% plus Education Cess of 2% i.e 10.2%


What does cess mean?

cess,ceed, cede

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