Rule 42: Time limit for payment of cess and rate of interest

Reviewed by Finin2min Editorial Desk · Last reviewed 30 August 2026

Rule 42 — Governs time limit for payment of cess and rate of interest and the rights, duties, powers or procedure expressly stated in this rule. Key operative text: (1) Date of payment of cess shall be the date on which the amount is deposited with the cess collector under clauses (a) and (b) of sub-rule (2) of rule41, or the date of deduction at source under clause (d) of sub-rule (2) of…

Full notified rule textG.S.R. 344(E), 8 May 2026Source checked: 20 August 2026

Rule status

Social Security (Central) Rules, 2026 were finally notified under G.S.R. 344(E), 8 May 2026. The Central Rules must be read with the Code and any later amendment/corrigendum.

Official Gazette

Open the notified Rules ↗

Finin2min analysis — operative rule mechanics

Operative clauses

(1) Date of payment of cess shall be the date on which the amount is deposited with the cess collector under clauses (a) and (b) of sub-rule (2) of rule41, or the date of deduction at source under clause (d) of sub-rule (2) of rule41, or the date on which the amount has been deposited with the local authority under clause (c) of sub-rule (2) of rule41, as the case may be.
(2) If any employer fails to pay any amount of cess payable under section 100, within such time as may be specified in the assessment order, such employer shall be liable to pay interest on the amount of cess, to be paid, at the rate of one percent per month or part thereof comprised in the period from the due date until the date of actual payment.

Provisos / explanations

No proviso/explanation was separately extracted from this rule.

Thresholds & timelines

(2) If any employer fails to pay any amount of cess payable under section 100, within such time as may be specified in the assessment order, such employer shall be liable to pay interest on the amount of cess, to be paid, at the rate of one percent per month or part thereof comprised in the period from the due date until the date of actual payment.

Mapped Code sections

Section 100 Section 101 Section 103

Full notified text — Rule 42

English rule text transcribed from the final official 2026 Gazette PDF; layout is normalised for web reading. The Gazette controls.

42. Time limit for payment of cess and rate of interest.– (1) Date of payment of cess shall be the
date on which the amount is deposited with the cess collector under clauses (a) and (b) of sub-rule (2)
of rule41, or the date of deduction at source under clause (d) of sub-rule (2) of rule41, or the date on
which the amount has been deposited with the local authority under clause (c) of sub-rule (2) of
rule41, as the case may be.

(2) If any employer fails to pay any amount of cess payable under section 100, within such time as
may be specified in the assessment order, such employer shall be liable to pay interest on the amount
of cess, to be paid, at the rate of one percent per month or part thereof comprised in the period from
the due date until the date of actual payment.

Application and evidence

Primary statutory test — (1) Date of payment of cess shall be the date on which the amount is deposited with the cess collector under clauses (a) and (b) of sub-rule (2) of rule41, or the date of deduction at source under clause (d) of sub-rule (2) of rule41, or the date on which the amount has been deposited with the local authority under clause (c) of sub-rule (2) of rule41, as the case may be.
Additional operative limb — (2) If any employer fails to pay any amount of cess payable under section 100, within such time as may be specified in the assessment order, such employer shall be liable to pay interest on the amount of cess, to be paid, at the rate of one percent per month or part thereof comprised in the period from the due date until the date of actual payment.
Numerical or timing control — (2) If any employer fails to pay any amount of cess payable under section 100, within such time as may be specified in the assessment order, such employer shall be liable to pay interest on the amount of cess, to be paid, at the rate of one percent per month or part thereof comprised in the period from the due date until the date of actual payment.
Code Section mapping — 100, 101, 103. Read the mapped provision together with this text rather than treating the concordance as a substitute for it.
Evidence file — retain facts and records proving the role/status of: Employer, Authority / officer.

Cross-references & prescribed forms

Sections cited/mapped

Section 100 Section 101 Section 103

Forms

No form is directly mapped in the current rule register.

Worked example

For a worker/member seeking a benefit connected with time limit for payment of cess and rate of interest, the file should show coverage, service/contribution facts, the rule/scheme and prescribed form, and the calculation/payment. One statutory point to test is: “(2) If any employer fails to pay any amount of cess payable under section 100, within such time as may be specified in the assessment order, such employer shall be liable to pay interest on the amount of cess, to be paid, at the rate of one percent per month or part thereof compr” Reconcile the mapped Code Section(s) 100, 101, 103.

Illustrative only. Use the exact notified rule, prescribed form and competent authority.

Q&A — Rule 42

What is Rule 42 of the Social Security (Central) Rules, 2026?

What does Rule 42 require or permit?

A principal operative clause extracted from the notified rule is: “(1) Date of payment of cess shall be the date on which the amount is deposited with the cess collector under clauses (a) and (b) of sub-rule (2) of rule41, or the date of deduction at source under clause (d) of sub-rule (2) of rule41, or the date on which the amount has been deposited with the local authority under clause (c) of sub-rule (2) of rule41, as the case may be.” Read it with all sub-rules and provisos below.

Does Rule 42 contain a proviso or explanation?

No standalone proviso or explanation was extracted from this rule text. Check the complete rule below for clause-level conditions.

What deadline, period, percentage or amount appears in Rule 42?

The rule contains this numerical/time expression: “(2) If any employer fails to pay any amount of cess payable under section 100, within such time as may be specified in the assessment order, such employer shall be liable to pay interest on the amount of cess, to be paid, at the rate of one percent per month or part thereof comprised in the period from the due date until the date of actual payment.” Apply it only in its notified context.

Which Code sections are linked to Rule 42?

The current concordance maps Rule 42 to Section(s) 100, 101, 103.

When did Rule 42 come into force?

The final Central Rules were notified as G.S.R. 344(E), 8 May 2026; Rule 1 states that the Rules come into force on publication. Check any later amendment or corrigendum before reliance.

Primary sources

Social Security (Central) Rules, 2026 — official Gazette PDF ↗

Code on Social Security, 2020 — India Code ↗

Source check: 20 August 2026.

Jurisdiction note: This is the Central Rule corpus. Check State rules/notifications where the State Government is the appropriate Government and check later Gazette amendments before acting.