My client has completed highway construction on BOT basis. Now the cess to be remitted.
1. My client has spent huge amount for purchase of vehicle and its spares, tax like service tax, licence and fees, value added tax, royalty charges, legal consultancy charges interest & finance charges, bank guarantee & bank charges, and finance and processing charges. Please clarify whether we are liable to pay cess for the above item in the road construction.
2. If answer is no, whether any court decisions to support it?
1. My client has spent huge amount for purchase of vehicle and its spares, tax like service tax, licence and fees, value added tax, royalty charges, legal consultancy charges interest & finance charges, bank guarantee & bank charges, and finance and processing charges. Please clarify whether we are liable to pay cess for the above item in the road construction.
2. If answer is no, whether any court decisions to support it?