The Building and Other Construction Workers' Welfare Cess Act (BOCW Cess Act) of 1996 is an act in India that imposes a cess on the cost of construction incurred by employers with the aim of augmenting the resources of the Building and Other Construction Workers’ Welfare Boards constituted under the BOCW Act, 1996.
Coming to your question about model assessment orders under the BOCW Cess Act, it's important to understand that this assessment is carried out by the designated officer or authority in the state where the construction project is based, so the process can vary slightly from one state to another. However, the general mechanism is somewhat similar across India.
Here's a step-by-step guide on the general process:
1. 🔡 Registration: The first step is registering the establishment under the BOCW Act. This is usually done by submitting Form I to the registering officer along with the required fees and documents.
2. 📟 Cess Calculation: After registration, the employer is required to calculate the cess payable at 1% of the cost of construction as per the BOCW Cess Act. This is usually done on a self-assessment basis.
3. 💶 Cess Payment: Once the cess has been calculated, the employer needs to deposit the amount with the authority specified by the state government. The payment method could be challan, demand draft, or online payment depending on the state's provision.
4. 📶 Cess Return: After paying the cess, the employer is required to file a return in the prescribed format along with proof of payment. This is usually done annually or as specified by the state government.
5. 📶⚖️ Assessment Order: If everything is in order, the authority will issue an assessment order confirming the payment of cess. If there are any discrepancies or unpaid dues, the authority may issue a demand notice requiring the employer to pay the remaining amount.
6. 📚 Record Keeping: The employer is required to keep all records related to the cess payment and assessment order for a specified period as required by the Act.
Remember, non-compliance with the BOCW Cess Act can lead to penalties. It is essential to understand the specific requirements in your state and comply with them to avoid any legal issues. Always consult a local expert or legal advisor for specific guidance related to the BOCW Cess Act in your state.