The West Bengal Finance Act, 2003
west-bengal · 2003
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1(1) This Act may be called the West Bengal Finance Act, 2003
- S. 2Section 2 amends the Bengal Amusements Tax Act to define "multiplex theatre complex" and sets tax rates for such complexes.
- S. 3Section 3 amends the Bengal Electricity Duty Act, 1935, reducing the duty rate from two percent to one percent.
- S. 4Section amends the Bengal Agricultural Income-tax Act to set a 30 paise tax rate for domestic companies, firms, or associations.
- S. 5Section 5 amends the West Bengal Duty on Inter-State River Valley Authority Electricity Act, 1973, to impose interest for late payment of electricity duty and adds exemptions for industrial unit expansions.
- S. 6Amends West Bengal Taxation Tribunal Act, 1987, substituting "section 5" for "section 6" in section 6, effective from May 1, 1995.
- S. 7Section 7 limits the exemption from sales tax for new small-scale industrial units in West Bengal to five or seven years based on location.
- S. 7ESection 7E mandates refund of excess electricity duty for non-licensees generating from diesel, coal, or waste-gas plants.
- S. 8Section 8 amends the West Bengal State Tax on Consumption or Use of Goods Act, 2001, to specify tax rates and remove certain purchase conditions.
- S. 8CNotwithstanding anything contained elsewhere in for multiplex theatre complex
- S. 26Compact disk
- S. 27Generator and generating set
- S. 28Lift, whether operated by electricity or steam, and accessories and components thereof
- S. 94A6 THE KOLKATA GAZETTE, EXTRAORDINARY, MARCH 31, 2003 [PART III The West Bengal Finance Act, 2003
- S. 94BSection 94B imposes penalties up to 50,000 rupees for organizing exhibitions without required permits.
- S. 1911West Ben
- S. 1922(Sections 1, 2
- S. 1935Amendment of Ben
- S. 1944on the whole of the total agricultural income