Amendment status not verified — confirm the current text below against the official source.
In the West Bengal Sales Tax Act, 1994,— (1) in section 56A, for sub-section (5). the following sub-section shall be substituted:— "(5) The amount payable by an applicant for settlement of the total amount recoverable in respect of a certificate as referred to in sub- section (1), shall be determined— (a) at the rate of twenty-five per centum of the amount, subject to the provisions of sub-section (8). and sub-section (9), of section 52, specified in a certificate referred to in sub-section (2) of section 52 or the actual amount paid in respect of the amount specified in such certificate, whichever is higher; and 10 THE KOLKATA GAZETTE, EXTRAORDINARY, AUGUST 30, 2011 [PART III The West Bengal Finance Act, 2011. (Section 5.) (b) at the rate of five per centum of the amount specified in a certificate referred to in sub-section (2) of section 52 towards the amount of interest recoverable under clause (a) of rule 5 of the rules in Schedule X till the date of making application under sub-section (3), subject to a maximum of rupees one lakh, or the actual amount paid towards the interest recoverable, whichever is higher; and (c) at the rate of one hundred rupees as charges recoverable under clause (b) of rule 5 of the rules in Schedule X till the date of making the application under sub-section (3), or the actual amount paid towards charges recoverable, whichever is higher: Provided that where the applicant has already paid, before coming into force of this sub-section, the amount as specified in the certificate referred to in sub-section (2) of section 52 in excess of or equal to the total amount specified in clause (a), clause (b) and clause (c) above, or where the applicant makes good the deficit amount to make it equal to the total amount specified in clause (a), clause (b) and clause (c) above, the same shall be accepted as payment made in full of "the total amount recoverable" as referred to in sub-section (1): Provided further that the amount paid in excess of the total amount as referred to in the first proviso shall not be refundable to the applicant under any circumstances."; (2) in section 68, to sub-section (3), the following proviso shall be added:— "Provided that the Commissioner may from amongst the registered dealers select certain such dealers who may be allowed to import goods from outside the State on the basis of such documents, under such circumstances, and under such conditions and restrictions as may be prescribed."; (3) in Schedule VIII, in the entry in column (3) against serial No. 2 in column (1), for the words "Thirty-seven", the word "Fifty" shall be substituted. Amendment of West Ben. Act XXXVII of 2003.