Amendment status not verified — confirm the current text below against the official source.
(1) Notwithstanding anything contained elsewhere in this Act, any transfer of property in goods (whether as goods or in some other form) involved in the execution of a works contract (hereinafter referred to as contractual transfer) in West Bengal shall be deemed to be a sale of those goods by the person making the transfer and a purchase of those goods by the person to whom such transfer is made. (2) With effect from the appointed day, every dealer, who is liable on the day immediately before the appointed day to pay tax under section 6D of the Bengal Finance (Sales Tax) Act, 1941, and who would have continued to be so liable under the said Act had this Act not come into force, shall, in addition to the tax payable, if any, under any other provisions of this Act, be liable to pay tax on all transfers of property in goods involved in the execution of works contract referred to in sub- section (I) at the rate specified in section 21. (3) Every dealer to whom the provisions of sub-section (2) do not apply and whose contractual transfer price calculated from the commencement of the year ending on the day immediately before the appointed day exceeds two lath rupees on the last day of such year shall, in addition to the tax payable, if any, by him under any other provisions of this Act, he liable to pay from such appointed day tax on all transfers of property in goods involved in the execution of works contract referred to in sub-section (1) at the rate specified in section 21. (4) Every dealer to whom the provisions of sub-section (2) or sub- section (3) do not apply shall, if his contractual transfer price calculated from the commencement of any year exceeds two lath rupees at any time within such year, be liable, in addition to the tax, if any, payable by him under any other provisions of this Act, to pay tax on all transfers of property in goods involved in the execution of works contract referred to in sub-section (I) effected on and from the date immediately following the day on which such contractual transfer price first exceeds two lath rupees at the rate specified in section 21. Ben. Act VI of 1941 464 The West Bengal Sales Tax Act, 1994. XLIX of 1994.] Ben. Act VE of 1941. West Ben. Act IV of