The West Bengal Finance Act, 1994
west-bengal · 1994
- S. 1(1) This Act may be called the West Bengal Finance Act, 1994
- S. 2Modifies the Bengal Finance (Sales Tax) Act, 1941 to redefine casual traders and clarify tax terms.
- S. 3Section 3 amends the Bengal Agricultural Income-tax Act to allow agricultural income tax allowances for specified industrial development utilizations.
- S. 4Section 4 amends the West Bengal Sales Tax Act to adjust turnover tax liability and remove the tax on fertilisers.
- S. 5Section 5 amends the West Bengal Entertainments and Luxuries Tax Act, 1972, to redefine "luxury" and adjust tax calculations.
- S. 6Section 6 amends the West Bengal Rural Employment and Production Act, 1976, reducing the specified rate from twelve to eight paise.
- S. 6FSection 6F allows unregistered dealers with annual turnover under ₹5 lakh to pay a ₹4,000 lump sum instead of tax.
- S. 7Section 7 amends the West Bengal State Tax Act to limit assessment periods to four years, with specific provisions for extensions and fresh assessments.
- S. 8Section 8 amends the West Bengal Multi-storeyed Building Tax Act, 1979, adjusting tax rates and removing certain sub-items.
- S. 9Section 9 amends the West Bengal Entertainment-cum-Amusement Tax Act to remove tax on television sets and replace it with a video cassette tax.
- S. 10Diamond
- S. 11Dyes (other than textile dyes) and pigments
- S. 12Electronic toy including video game, electronic game and electronic game kit
- S. 13Fancy leather goods, that is to say, brief-case, attache-case, ornamented vanity-bag and hand-bag made of leather
- S. 14Section 14 prohibits the sale and consumption of various foreign and Indian liquors in West Bengal.
- S. 15Footwears of all descriptions, when sold at a price exceeding two hundred rupees per pair
- S. 16Fur and article made of fur
- S. 17Iron and steel safe and almirah
- S. 18Lift, whether operated by electricity or steam, and spare parts, accessories and components thereof
- S. 19Section 19 exempts moulded furniture and cases made of synthetic materials from taxation.
- S. 20Pearl—real, artificial or cultured
- S. 21Perfume
- S. 22Precious stone (other than diamond)—real or artificial
- S. 23Sanitary ware and sanitary fitting
- S. 24Sound transmitting equipment including amplifier and loud-speaker
- S. 25Section 25 lists goods like sound equipment and television parts for tax purposes.
- S. 26Telephone and spare parts, accessories and components thereof
- S. 26ASection 26A mandates advance agricultural income-tax payments in up to four equal installments to the State Government.
- S. 27Section 27 exempts typewriters, office machines, and their parts from tax under the West Bengal Finance Act, 1994.
- S. 28Upholstered wooden furniture
- S. 29Vacuum cleaner
- S. 118Football and table-tennis bat and ball
- S. 1954156 The West Bengal Finance Act, 1994
- S. 1972West Ben
- S. 1976Amendment of West Ben
- S. 1979167 The West Bengal Finance Act, 1994
- S. 1980170 The West Bengal Finance Act, 1994
- S. 1982Section 1982 amends multiple West Bengal tax acts to update and integrate them under the West Bengal Finance Act, 1994.
- S. 1985166 The West Bengal Finance Act, 1994
- S. 1987(Sections 6, 7