Amendment status not verified — confirm the current text below against the official source.
(1) The amount payable by an applicant for settlement of dispute under this determining the amount payable. section shall be determined,- (i) where the dispute relates to arrear tax in dispute, at the rate of one hundredper centum ofthe arreartax in dispute orthe actual amountpaid in respect of such arrear tax in dispute, whichever is higher; (ii) where the dispute relates to any arrear interest in dispute for non-payment of any arrear tax in dispute and an application has been made under section 4 in respect ofsuch arrear tax in dispute, the arrear interest in dispute shall be waived. (2) The arrear penalty in dispute shall be waived. 4 Applicability of provisions of West Bengal Sales Tax (Settlement of Dispute) Act,