The West Bengal Finance Act, 2016
west-bengal · 2016
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, 2016
- S. 2Section 2 amends the West Bengal State Tax Act to extend assessment deadlines, modify interest provisions, and adjust tax limits.
- S. 3Section 3 amends the Indian Stamp Act, 1899 for West Bengal to include currency in the valuation of certain goods for stamp duty purposes.
- S. 4Adds a new section to the West Bengal Sales Tax Act, 1994 after section 57.
- S. 5Section 5 amends the West Bengal Value Added Tax Act, 2003, by making various changes including adding new provisos and removing certain sections.
- S. 57ASection 57A deems tax, interest, or penalty admitted by a dealer in a return as quantified on the return's filing date.