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INTERVIEW QUESTIONS
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SWACHH BHARAT CESS
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Question: How would liability of Swachh Bharat Cess (SBC) be determined in respect of reverse charge mechanism?
Answer: In respect of reverse charge mechanism, Swachh Bharat Cess (SBC) liability is determined in accordance with Rule 7 of Point of Taxation Rules, as per which, point of taxation is the date on which consideration is paid to the service provider. Thus, SBC liability in such case will be 0.5% X Value of taxable service.
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Swachh Bharat Cess Interview Questions & Answers -
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Question:
How would liability of Swachh Bharat Cess (SBC) be determined in respect of reverse charge mechanism?
Answer:
In respect of reverse charge mechanism, Swachh Bharat Cess (SBC) liability is determined in accordance with Rule 7 of Point of Taxation Rules, as per which, point of taxation is the date on which consideration is paid to the service provider. Thus, SBC liability in such case will be 0.5% X Value of taxable service. Source: CoolInterview.com
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