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Why is India Inc stressed by Swachh Bharat cess

The industry has found out that there is no Cenvat credit or input credit available on Swachh Bharat Cess. This will have a cascading effect — which means the effective tax rate will be marginally more than the 14.5 percent on paper, which will hit the bottomline of companies

first published: Nov 16, 2015 09:58 pm

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