Amendment status not verified — confirm the current text below against the official source.
69 The West Bengal Finance Act, 1999. [West Ben. Act (Section 11.) (4) in section 17,— (a) in sub-section (1), to clause (gg), the following Explanation shall be added at the end:— `Explanation.—For the purposes of this clause, the entry "Zero", whereverit occurs in column (3) of Schedule VIHA, shall be deemed to be within the meaning of the expression "at the rate fixed in column (3)." '; (b) in sub-section (2),— (i) in clause (a),— (A) sub-clause (i) shall be omitted; (B) for sub-clause (ii), the following sub-clause shall be substituted:— "(ii) fourper centum of such part of his taxable turnover of sales as represents sales of plant and machinery to any person for sale, referred to in sub-clause (c) of clause (30) of section 2 of such goods by him in West Bengal: Provided that the provisions of this sub-clause shall apply subject to such conditions and restrictions as may be prescribed;"; (ii) in clause (b), in sub-clause (i), for the words "two per centum", the words "one per centum" shall be substituted; (iii) after clause (0, the following clause shall be inserted:— "(ff) four per centum of such part of his taxable turnover of sales as represents sales of scientific instruments to educational and research institutions;"; (iv) for clause (h), the following clause shall be substituted:— "(h) four per centum of such part of his taxable turnover of sales as represents sales, referred to in sub-clause (c) of clause (30) of section 2, of plant and machinery;"; 70 The West Bengal Finance Act, 1999. III of 1999.] (Section 11.) (v) after clause (h), the following clause shall be inserted:— "(hh) two per centum of such part of his taxable turnover of sales as represents sales of powdered milk to dairies in West Bengal for use in reconstitution of milk in West Bengal by such dairies: Provided that the provisions of this clause shall apply subject to such conditions and restrictions as may be prescribed;"; (vi) clause (j) shall be omitted; (vii) in the first proviso, for the words, figure, letters and brackets ", except such sales referred to in sub- clause (i) of clause (a) as may be prescribed, the provisions of clause (a)", the words, figure, letter and brackets "the provisions of sub-clause (iii) of clause (a)" shad be substituted; (c) in sub-section (2A),— (i) after the words "the tax payable by a", the word "registered" shall be inserted; (ii) after the words "purchased by him in West Bengal", the words "on payment of tax at the rate specified in sub-column (a) of column (3), for resale," shall be inserted; (iii) after the words "from a registered dealer and", the words ", except in the case of such sales of such goods as may be prescribed," shall be inserted; (d) in sub-section (3), in clause (a),— (i) sub-clause (ii) shall be omitted; (ii) in sub-clause (iv), for the words "goods, other than iron and steel,", the words "rice or wheat," shall be substituted; (iii) sub-clause (vi) shall be omitted; (iv) sub-clause (vii) shall be omitted; (v) in sub-clause (villa), in the proviso, the words ", obtainable in such manner and subject to such conditions and restrictions as may be prescribed, from the prescribed authority," shall be omitted; 71 The West Bengal Finance Act, 1999. [West Ben. Act (Section 11.) (vi) after sub-clause (viiia), the following sub-clause shall be inserted:— "(viiib) sales of goods specified in Schedule VIIIA, on a prior sale whereof in West Bengal by a registered dealer due tax at the rate specified in sub-column (b) of column (3) of that Schedule is shown to the satisfaction of the Commissioner to have been paid;"; (vii) in sub-clause (ix), for the word and figures "Schedule VIII,", the word and figures "Schedule IV," shall be substituted; (viii) in sub-clause (x), for the word and figures "Schedule VIII,", the word and figures "Schedule IV," shall be substituted; (5) after section 17C, the following section shall be inserted:— "Compounded