Amendment status not verified — confirm the current text below against the official source.
Amendment of West Ben. Act IV of 1999. West Ben. Act I of 2012. PART III] THE KOLKATA GAZETTE, EXTRAORDINARY, MARCH 17, 2023 3 The West Bengal Finance Act, 2023. (Section 3.) (3) in section 4A, in sub-section (1),— (i) for the words, figures and letters "on the 31st day of January, 2020", the words, figures and letters "on the 10th day of February, 2023" shall be substituted; (ii) in clause (a), for the words, figures and letters "on or before the 31st day of January, 2020", the words, figures and letters "on or before the 10th day of February, 2023" shall be substituted; (iii) in clause (b), for the words, figures and letters "after the 31st day of January, 2020", the words, figures and letters "after the 10th day of February, 2023" shall be substituted; (iv) for the words "such arrear tax, penalty, late fee or interest due", the words "such arrear of dues, or such tax, interest, late fee or penalty due, as the case may be, reduced by, any deposit already made as per provisions of the relevant Act for entertainment of any appeal or revision thereunder, and/or any amount already paid, whether by way of deposit, security or otherwise, in terms of any order passed by any court or tribunal, or otherwise, and/or any amount recovered through any recovery proceedings including any garnishee proceeding" shall be substituted; (4) in section 5,— (i) in sub-section (1),— (a) in clause (a), for the words, figures and letters "the 31st day of March, 2020", the words, figures and letters "the 31st day of May, 2023" shall be substituted; (b) in clause (b), for the words, figures and letters "the 31st day of March, 2020", the words, figures and letters "the 31st day of May, 2023" shall be substituted; (ii) sub-section (la) shall be omitted; (iii) sub-section (4) shall be omitted; (5) in section 7,— (i) in sub-section (1),— A. 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, at the rate of fifteen per centum of the remaining balance amount of arrear tax in dispute, if the application under section 5 is made along with proof of payment of such amount in full;"; 4 THE KOLKATA GAZETTE, EXTRAORDINARY, MARCH 17, 2023 [PART III The West Bengal Finance Act, 2023. (Section 3.) (b) in sub-clause (ia), for the words "at the rate of hundred per centum, or the actual amount paid in respect of such arrear tax in dispute, whichever is higher", the words "at the rate of hundred per centum" shall be substituted; (c) for sub-clause (ii), the following sub-clause shall be substituted:— "(ii) to any other arrear tax in dispute not covered in sub-clause (i), or sub-clause (ia), at the rate of fifteen per centum of the arrear tax in dispute, if the application is made along with proof of payment of such amount in full;"; B. in clause (aa),— (a) for sub-clause (i), the following sub-clause shall be substituted:— "(i) for any arrear tax in dispute, at the rate of fiftyper centum of the arrear tax in dispute;"; (b) for sub-clause (ii), the following sub-clause shall be substituted:— "(ii) for any arrear late fee in dispute, at the rate of zero per centum;"; C. in clause (ab), for the words "at the rate of zero per centum, or the actual amount paid in respect of such arrear late fee in dispute, whichever is higher", the words "at the rate of zero per centum" shall be substituted; D. after clause (ab), the following clause shall be inserted:— "(ac) where the dispute relates to any arrear of penalty referred to in sub-clause (iii) of clause (a) of sub-section (1) of section 2 and an application has been made under this Act in respect of such penalty in dispute, at the rate of two per centum of the arrear penalty in dispute or rupees fifteen thousand, whichever is lower;"; E. Explanation IV shall be omitted; (ii) in sub-section (2),— A. clause (b) shall be omitted; B. in clause (c), for the words, brackets and letter "notwithstanding anything contained in clause (b) above", the words, brackets, figure and letters "notwithstanding anything contained in clause (ac) of sub-section (1)" shall be substituted; (6) in section 8, in sub-section (1), the fourth and fifth provisos shall be omitted; (7) in section 10, the proviso shall be omitted; PART III] THE KOLKATA GAZETTE, EXTRAORDINARY, MARCH 17, 2023 5 The West Bengal Finance Act, 2023. (Section 3.) (8) in section 12, for sub-section (2), the following sub-section shall be substituted:— "(2) If a certificate of settlement is revoked under sub-section (1), or any application for settlement of a dispute under sub-section (2) of section 8 is refused, the appeal, revision or review, as the case may be, under the relevant Act, covered by such certificate of settlement, or such application for settlement, as the case may be, shall, notwithstanding the provisions of section 9 or section 10, stand revived or reinstated immediately upon such revocation or refusal, as the case may be, and such appeal, revision or review shall be decided, notwithstanding anything contained in the relevant Act, within a period of six months from the date of such revocation or refusal, as if no settlement of the arrear tax, penalty, late fee or interest in dispute in such appeal, revision or review, as the case maybe, has ever been made or applied for under this Act: Provided that in computing the aforesaid period of six months, the period during which the appropriate authorities were restrained from disposing of or proceeding with such appeal, revision or review by an order of any court or tribunal shall be excluded."; (9) in section 14, after the words "refundable under any circumstances", the words, figures and brackets "except in case of refusal to settle a case under sub-section (2) of section 8" shall be inserted. By order of the Governor, PRADIP KUMAR PANJA, Pr. Secy. to the Govt. of West Bengal, Law Department. Published by Law Department, Government of West Bengal and Printed at Saraswaty Press Ltd.(Govemment of West Bengal Enterprise), Kolkata 700 056.