Dear Sir,
May anyone help me for that is Labour Cess Applicable on Free issue Material provided by Principal Contractor. Company "A" Construct one factory from Company "B". Company "A" Provide Cement & Steel to Company "B" as Free Issue Material.The value of Free issue material also not included in BOQ as per our BOQ we raised properly bill on him regular basis and they deduct BOCW on work done. but in the final settlement they are saying that BOCW on free issue material also impose on Company "B".
Total Work Order Value - 71 Cr. (Excluded FIM)
Total Work done Value - 71 Cr. (Excluded FIM)
Total Labor Cess Deduct Value - 0.71 Cr. (Excluded FIM)
FIM Value - 47 Cr.
They are Deducting Rs. 0.47 Cr. BOCW on FIM
Is it Correct because that is not our cost of Construction.
Vinay
May anyone help me for that is Labour Cess Applicable on Free issue Material provided by Principal Contractor. Company "A" Construct one factory from Company "B". Company "A" Provide Cement & Steel to Company "B" as Free Issue Material.The value of Free issue material also not included in BOQ as per our BOQ we raised properly bill on him regular basis and they deduct BOCW on work done. but in the final settlement they are saying that BOCW on free issue material also impose on Company "B".
Total Work Order Value - 71 Cr. (Excluded FIM)
Total Work done Value - 71 Cr. (Excluded FIM)
Total Labor Cess Deduct Value - 0.71 Cr. (Excluded FIM)
FIM Value - 47 Cr.
They are Deducting Rs. 0.47 Cr. BOCW on FIM
Is it Correct because that is not our cost of Construction.
Vinay