Amendment status not verified — confirm the current text below against the official source.
In the West Bengal Value Added Tax Act, 2003,— (1) in section 10, in sub-section (3), in clause (b), in the proviso, for the words "ten lakh rupees", the words "twenty lakh rupees" shall be substituted; (2) in section 14,— (a) in sub-section (4), for the words "ten lakh rupees", occurring in two places, the words "twenty lakh rupees" shall be substituted; (b) in sub-section (5), for the words "ten lakh rupees", the words "twenty lakh rupees" shall be substituted; (c) in sub-section (6), for the words "ten lakh rupees", the words "twenty lakh rupees" shall be substituted; (d) in sub-section (7), for the words "ten lakh rupees", the words "twenty lakh rupees" shall be substituted; (e) in sub-section (8) , for the words "ten lakh rupees", the words "twenty lakh rupees" shall be substituted; (3) in section 16, in sub-section (3),— (a) for the words "at such compounded rate not exceeding one per centum", the words "at such compounded rate or rates not exceeding three per centum" shall be substituted; Validation in respect of the West Bengal Tax on Entry of Goods into Local Areas Act, 2012. Amendment of West Ben. Act XXXVII of 2003. West Ben. Act I of 2012. West Ben. Act XXXVII of 2003. PART Ill] THE KOLKATA GAZETTE, EXTRAORDINARY, MARCH 6, 2017 7 The West Bengal Finance Act, 2017. (Section 7.) (b) for the words, figure and brackets "in lieu of tax payable under sub- section (2), on all his sales", the words, figure and brackets "in lieu of tax payable under sub-section (2), on all his sales, and for such purpose different rates may be prescribed for different class of dealers" shall be substituted; (c) in the proviso, clause (b) shall be omitted; (4) in section 30E,— (a) sub-section (1A) shall be omitted; (b) sub-section (1B) shall be omitted; (c) in sub-section (1C), for the words, figures, letters and brackets "Every registered dealer, other than those mentioned in sub-section (1A) or sub-section (1B), who are required", the words "Every registered dealer who is required" shall be substituted; (d) in sub-section (2), for the words, figures, letters and brackets "sub- section (1), sub-section (1A), sub-section (1B)", the words, figure and brackets "sub-section (1)" shall be substituted; (5) in section 77, in sub-section (1), in the TABLE,— (a) in the entry in column (2) against serial number 1 in column (1), for the words "does not exceed four per centum", the words "does not exceed five per centum" shall be substituted; (b) in the entry in column (2) against serial number 2 in column (1), for the words "exceeds four per centum but does not exceed fifteen per centum", the words "exceeds five per centum but does not exceed fifteen per centum" shall be substituted; (6) in Schedule A,— (a) after serial number 4A in column (1) and the corresponding entry in column (2), the following serial numbers in column (1) and entries relating thereto in column (2) shall be inserted:— "4B. Biodiesel, excluding ethanol.