Amendment status not verified — confirm the current text below against the official source.
In the West Bengal Sales Tax (Settlement of Dispute) Act, 1999,— (1) in section 2, in sub-section (1), in clause (a), for the words, figures and letters "on the 31st day of October, 2018", the words, figures and letters "on the 31st day of January, 2020" shall be substituted; PART III] THE KOLKATA GAZE 1'1'b, EXTRAORDINARY, MARCH 2, 2020 3 The West Bengal Finance Act, 2020. (Section 5.) (2) in section 4,— (a) for the words, figures and letters "pending on the 31st day of October, 2018", the words, figures and letters "pending on the 31st day of January, 2020" shall be substituted; (b) in clause (b), for the words, figures and letters "on or before the 31st day of March, 2014", the words, figures and letters "on or before the 31st day of January, 2020" shall be substituted; in section 4A, in sub-section (1),— (a) for the words, figures and letters "on the 31st day of October, 2018", the words, figures and letters "on the 31st day of January, 2020" shall be substituted; (b) in clause (a), for the words, figures and letters "on or before the 31st day of March, 2014", the words, figures and letters "on or before the 31st day of January, 2020" shall be substituted; (c) in clause (b), for the words, figures and letters "after 31st day of March, 2014", the words, figures and letters "after 31st day of January, 2020" shall be substituted; (4) in section 5,— (a) in sub-section (1),— (i) in clause (a), for the words, figures and letters "the 31st day of January, 2019", the words, figures and letters "the 31st day of March, 2020" shall be substituted; (ii) in clause (b), for the words, figures and letters "the 31st day of January, 2019", the words, figures and letters "the 31st day of March, 2020" shall be substituted; (b) in sub-section (la),— (i) for the words, figures, letters and brackets "sub-clause (ii) of clause (a) of sub-section (1) of section 7", the words, figures, letters and brackets "sub-clause (i), or item (B) of sub-clause (ii), of clause (a), or proviso to sub-clause (i) of clause (aa), of sub-section (1) of section 7, as the case may be," shall be substituted; (ii) for the words "three months", the words "six months" shall be substituted; (5) in section 7,— (a) in sub-section (1),— (i) in clause (a),— (A) for sub-clause (i), the following sub-clause shall be substituted:— "(i) to any arrear tax in dispute which is solely owing to non-furnishing or non-production of any certificate or declaration prescribed under the relevant Act and the applicant is in possession of such certificate or declaration on the date of making an application under this Act in respect of a portion of such arrear tax in dispute,— (A) at the rate of twenty-five per centum of the remaining balance amount of arrear tax in dispute, or the actual amount paid in respect of such arrear tax in dispute, whichever is higher, if the application under section 5 is made along with proof of payment of such amount in full; or (3) 4 THE KOLKATA GAZETTE, EXTRAORDINARY, MARCH 2, 2020 [PART III The West Bengal Finance Act, 2020. (Section 5.) (B) at the rate of twenty-five per centum of the portion, being not less than half, of the remaining balance amount of arrear tax in dispute in respect of which payment for settlement under this Act is made within 31st day of March, 2020, and at the rate of thirty per centum of the residual portion of the remaining balance amount of arrear tax in dispute in respect of which payment for settlement under this Act is made after 31st day of March, 2020, or the actual amount paid in respect of such arrear tax in dispute, whichever is higher, if the application under section 5 is made along with the proof of payment of such amount required to be made within 31st day of March, 2020, along with prayer for granting installments for payment of thirty per centum of the residual balance and such amount is paid in monthly instalments not exceeding six months from the month following the month in which the application for settlement has been made;"; (B) in sub-clause (ii),— (I) in item (A), for the words "thirty-five per centum", the words "twenty-five per centum" shall be substituted; (II) for item (B), the following item shall be substituted:— "(B) at the rate of twenty-five per centum of the portion, being not less than half, of the remaining balance amount of arrear tax in dispute in respect of which payment for settlement under this Act is made within 31st day of March, 2020, and at the rate of thirty per centum of the residual portion of the remaining balance amount of arrear tax in dispute in respect of which payment for settlement under this Act is made after 31st day of March, 2020, or the actual amount paid in respect of such arrear tax in dispute, whichever is higher, if the application under section 5 is made along with the proof of payment of such amount required to be made within 31st day of March, 2020, along with prayer for granting instalment for payment of thirty per centum of the residual balance and such amount is paid in monthly instalments not exceeding six months from the month following the month in which the application for settlement has been made;"; (C) at the end, the following illustration shall be inserted:— "Illustration.— In the context of clause (a), two rates—@25% and @30% of arrear tax in dispute have been specified. If the amount of arrear tax in dispute is Rs. 1,00,000 and the applicant intends to make payment within 31st March, 2020 for settlement of 60% of the arrear tax in dispute, then he should pay 25% of 60% of Rs. 1,00,000, i.e. Rs.15,000 before the 31st March, 2020 and submit the application alongwith a prayer for payment of the residual balance in instalments. He is further required to pay 30% of the residual balance 40% of Rs. 1,00,000, i.e. Rs.12,000 in monthly instalments not exceeding six months."; PART 1111 THE KOLKATA GAZETTE, EXTRAORDINARY, MARCH 2, 2020 5 The West Bengal Finance Act, 2020. (Sections 6, 7.) (ii) in clause (aa), to sub-clause (i), the following proviso shall be added:— "Provided that if the applicant intends to make payment of the amount in instalments, the application under section 5 shall be made along with proof of payment of fifty per centum of the arrear tax in dispute together with a prayer for granting instalment for payment of the remaining balance and such balance amount should be paid in maximum of six monthly instalments, from the month following the month in which such application has been submitted, along with simple interest at the rate of one-half of one per centum per month for each English calendar month on the still outstanding balance amount;"; (b) in sub-section (2), in clause (b), for the words "fifty per centum", the words "ten per centum" shall be substituted.