The West Bengal Finance Act, 2006
west-bengal · 2006
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, 2006
- S. 2Section 2 amends the Indian Stamp Act, reducing stamp duty percentages for certain transactions in West Bengal.
- S. 3Section 3 amends the Bengal Amusements Tax Act to allow authorities to assess and penalize proprietors for incorrect or incomplete tax returns.
- S. 4Section 4 reduces the tax rate from two percent to one percent in specified sections of the Bengal Agricultural Income-tax Act, 1944.
- S. 5Section amends the West Bengal Entertainments and Luxuries (Hotels and Restaurants) Tax Act, 1972, to adjust tax rates for restaurants based on their location within specified municipal areas.
- S. 6Section 6 amends the West Bengal State Tax Act, 2006, to increase penalty amounts and adjust assessment timelines for tax delays.
- S. 7Section 7 imposes interest at 1% per month for late payment of entertainment tax by registered cable operators in West Bengal.
- S. 8Section 8 of the West Bengal Finance Act, 2006 amends the West Bengal Sales Tax Act, 1994 by inserting new sections.
- S. 8ASection 8A allows enrolled persons to pay tax for four years in a single payment before March 31, 2007, with no future tax rate increases applying.
- S. 8BSection 8B mandates dealers to apply to the Settlement Commission within 120 days for settling pending cases or disputes arising from tax assessments or proceedings.
- S. 8C(1) On receipt of the application under before Settlement Commission
- S. 8DSection 8D of the West Bengal Finance Act, 2006 modifies tax liabilities for shippers of jute and ends proceedings for settled cases.
- S. 9Section 9 amends various dates in the West Bengal Sales Tax (Settlement of Dispute) Act, 1999 to reflect August 2006 instead of earlier dates.
- S. 10In the West Bengal State Tax on Consumption or Use of Goods Act, 2001, in the Schedule, after serial No
- S. 11Section 11 amends the West Bengal Transport Infrastructure Development Fund Act, 2002 to add new entities to the list of beneficiaries.
- S. 12(1) Every registered dealer, other than liability to pay tax on purchase
- S. 13Generators and parts and accessories thereof used for captive generation
- S. 24A(1) Notwithstanding anything contained in for registration
- S. 30Telecommunication and transmission apparatus
- S. 31Currency processing machine (counting)
- S. 32All types of cameras
- S. 1922(Sections 1-3
- S. 1944West Ben