Swachh Bharat Cess (SBC) is calculated in the same way as service tax and is levied on the same taxable value as service tax. SBC is levied at the rate of 0.50% on the value of taxable services.
SBC is not leviable on services which are fully exempt from service tax or those covered under the negative list of services.
Input tax credit cannot be availed on Swachh Bharat cess.
To create a Swachh Bharat Cess ledger
1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create.
2. Enter the ledger Name.
3. Select Duties & Taxes as the group name in the field Under.
4. Select Swachh Bharat Cess as the Type of duty/tax.
5. Set Rounding method, as required.
6. Press Enter to save.
Note: If you have created a Swachh Bharat cess ledger with the Type of duty/tax as Others, you can change the same to Swachh Bharat Cess.
Modifying Swachh Bharat Cess Ledger
Challan Reconciliation for Swachh Bharat Cess
Configuring Swachh Bharat Cess in Release 4.9x when TSS has expired
Configuring Swachh Bharat Cess in Release 5.x (below release 5.1.3)
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