Act Number: 28

Act Name: The Building and Other Construction Workers Welfare Cess Act, 1996

Year: 1996

Enactment Date: 1996-08-19

Long Title: An Act to provide for the levy and collection of a cess on the cost of construction incurred by employers with a view to augmenting the resources of the Building and Other Construction Workers Welfare Boards constituted under the Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996.

Ministry: Ministry of Labour and Employment

Department:

Section 8: Interest payable on delay in payment of cess.
    If any employer fails to pay any amount of cess payable under section 3 within the time specified in the order of assessment, such employer shall be liable to pay interest on the amount to be paid at the rate of two per cent. for every month or part of a month comprised in the period from the date on which such payment is due till such amount is actually paid.
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