Deadlines · Social Security Code
Building cess: payment
- Starting the establishment
- Employer
What to do
Pay the building and other construction workers’ cess, at the rate the Central Government notifies within the limits in the Code, of up to two per cent of the cost of construction s. 100(1), in advance on a self-assessment certified by a chartered engineer rule 41(2)(a).
Who it applies to
Every employer undertaking building or other construction work s. 100(2).
When
In advance at the time of approval or before the work starts rule 41(2)(a), and the balance within sixty days of completing each project, after adjusting the advance s. 103(1).
How
The Central Government has notified the rate as one per cent of the cost of construction incurred by the employer S.O. 2322(E).
Where approval by a local authority is needed, attach proof of online payment of the cess to the application; for a project likely to last more than one year, pay on the cost expected during one year from the commencement rule 41(2)(c).
Government and public sector undertakings deduct the cess from bills and deposit it with the State Building Workers’ Welfare Board within thirty days rule 41(2)(d).
Late payment carries interest at one percent per month rule 42(2).