The contribution to this fund entitles you to 100% deduction under section 80g of the income tax act. The securities and exchange board of india act, 1992. The west bengal tax on entry of goods into local areas act, 2012. Audit report under section 30e of the west bengal value added tax act,2003. West bengal value added tax act 2003 complete act citation. Government of west bengal finance department, nabanna.
Provisions of the wbvat act, 2003 and west bengal value added tax rules. Form 84 of the west bengal value added tax, act, 2003. Now the dealers registered under the west bengal value added tax act, 2003 can file their vat returns online through a secured facility provided on. The west bengal value added tax rules, 2005 return form 14 see subrule 1 of rule 34 for dealers not paying tax under subsection 3 of section 16 or subsection 4 of section 18.
The system envisages levy of tax on the sale at each stage and contemplates allowing setoff of tax paid on purchases. Option to make payment of deferred tax at discounted rate. Act xxxvii of 2003, the governor is pleased hereby to make the following amendments in the west bengal value added tax rules, 2005. In other words tax which is collected on value addition in the price of commodity the final burden of which falls on end consumers. West bengal sales tax act, 1994 not to apply on commodities governed by the west bengal value added tax act, 2003. What is value added tax vat vat value added tax is a multistage tax system. The west bengal government appeals all to contribute generously to the west bengal state emergency relief fund and assist in combating covid19 corona. Agricultural implements manually operated or animal driven.
The expression tobacco means any form of tobacco,whether cured or uncured and whether manufactured or not,and includes the leaf,stalks and stems of the tobacco plant, but does not include any part of a tobacco plant while still attached to the earth. Application filed under section 102 in the instant case stands disposed of as above. Vat forms for west bengal wb in excel fillable pdf. As a consequence to the national consensus for introduction of vat, the earlier west bengal sales tax act, 1994 has been replaced by west bengal value added tax act, 2003 for all goods barring motor sprit, foreign liquor and country liquor.
Form 88 audit report under section 30e of the west bengal. Maharashtra value added tax act 2002 rajasthan value added tax act, 2003. The west bengal value added tax act 2003 is an act to levy tax on sale of goods in the state of west bengal on the basis of value added to such goods at each stage of sale of such goods and on purchases of certain goods in west bengal in specified circumstances and to provide for matters connected therewith or incidental thereto. Extension of the last date of filing wb vat return for first quarter of 201718. Disclaimer while every care has been taken to provide accurate copy of the west bengal value added tax act, 2003 incorporating the subsequent amendments, the directorate of commercial taxes, west bengal will not be responsible for any typographical or any other. Procedure for adjustmentrefund of cash security paid by west. Jan 24, 2019 vat wb audit report form 88 in excel format with formulas audit report under section 30e of the west bengal value added tax act,2003. West bengal value added tax act, 2003 punjab value added tax act haryana value added tax act. In exercise of e power conferred by section 9 of the west bengal clinical establishment act, 1950 west ben. The commissioner of commercial taxes, west bengal on july 28, 2017 has extended the date of filing return under west bengal value added tax act, 2003. Download west bengal value added tax act,2003 file in pdf format. Certificate of clearance the particulars set out above are verified and it is certified that the abovementioned applicant has no liability to pay tax under section 15 of the west bengal sales tax act, 1994. Vat for a dealer is the difference of tax payable on sales output tax effected by the dealer during a tax period after deducting therefrom the tax paid or payable input vat on purchases effected during the same period, say a month. In our state, it is governed by west bengal vat act, 2003.
Please read these instructions carefully before preparing the. Jan 20, 20 the west bengal value added tax act 2003 is an act to levy tax on sale of goods in the state of west bengal on the basis of value added to such goods at each stage of sale of such goods and on purchases of certain goods in west bengal in specified circumstances and to provide for matters connected therewith or incidental thereto. I am not liable to pay tax under section 14 of the said act i have paid tax payable by, or due from me under section 14 of the said act. Meaning of taxing authorities, appellate and revisional board. No tax is payable on the following goods under schedule a while some goods are zero rated under schedule aa. The west bengal value added tax rules, 2005 form 25 notice under section 46 read with section 66 of the west bengal value added tax act, 2003.
Vat value added tax is a multistage tax system for collection of tax on sales. T act, 1956 may be inserted registration certificate no. Levy of tax on sales 1 subject to the provisions of subsection 2, the tax payable by a dealer, who is liable to pay tax under section 10, or subsection 3 of section 24, or subsection 3 of section 27c on his turnover of sales, shall be levied on such part of his turnover of continue reading wb vat act section 16. Settlement of dispute scheme under the west bengal vat act, 2003 and central sales tax act, 1956 has been notified. In view of the above, the rate of tax applicable to the sale of dissolved acetylene gas in west bengal is determined at 14. Memorandum finance department, government of west bengal. Procedure for adjustmentrefund of cash security paid by. The value added tax act, 2003 came into force with. Information provided and updated by directorate of commercial taxes, govt. About forms compiled in pdf fillable as excel word format. Jan 24, 2019 scroll for deposit of the amount deducted at source under subsection 1 of section 40 of the west bengal value added tax act, 2003. Schedule a goods on sale of which no tax is payable serial no. Settlement of dispute scheme under the west bengal vat act.
Assessment of vat is governed under the west bengal value added tax wbvat act, 2003 and rules made thereunder. An act to levy tax on sale of goods in west bengal on the basis of value added to such goods at each stage of sale of such goods and on purchases of certain goods in west bengal in specified circumstancves and to provide for matters connected therewith or incidental thereto whereas it is expedient to provide for the levy of tax on sale of goods in west bengal on the basis of value added to. Incorporating amendment under the wb act i of 2014. Chapter 2 value added tax west bengal revenue sector. Respected experts please suggest me that an assessment proceeding u s 46 of west bengal value added tax act 2003 has been initiated against my client who is a work. Prior to 142005, the system for levy of tax in west bengal, in general, was a single point tax system. Bengal value added tax act, 2003, its sale in west bengal will attract tax at the rate of 14. Scroll for deposit of the amount deducted at source under subsection 1 of section 40 of the west bengal value added tax act, 2003. West bengal vat input tax credit or input tax rebate by a. Changes made in the west bengal sales tax act, 1994 and the west bengal value added tax act, 2003, and the relevant rules. West bengal vat input tax credit or input tax rebate by a registered dealer. Memorandum under west bengal vat act, 2003 all the government departments are required to recover stdssales tax deducted at source and tcscollection of tax at source from the bills at the time. Introduction value added tax, as the name specifies is a multipoint tax collected at each stage of production distribution of chain.
The value added tax act, 2003 came into force with effect from 1st april. Tamil nadu adopted vat in the year 2007 and uttar pradesh in the year 2008. Therefore, no tax will be payable on the following goods under schedule a. Chhattisgarh, jharkhand, madhya pradesh, rajasthan, and gujarat have introduced vat to replace the sales tax in april 1 2006.
The government of west bengal vide trade circular no. Aquatic feed, poultry feed and cattle feed including grass, hay. Reversal of input tax credit on interstate stock transfers as per existing provisions of vat laws input tax credit up to 3% previously it was 4% is denied to dealers in the. West bengal value added tax fyki for your kind info. Thus, tax is payable and paid on the value addition only. Maharashtra value added tax act 2002 west bengal value added tax act, 2003. Application for new registration infillable pdf new form 2. An act to facilitate the development, operation, maintenance, management, administration and regulation of special economic zone in the state of west bengal. A brief presentation issued by the commercial tax department, west bengal is annexed herewith for your ready reference. West bengal value added tax act, 2003 f commissioner means the commissioner as defined in clause 8 of section 2 of the west bengal.
West bengal value added tax act, 2003 punjab value added tax act haryana value added tax act telangana vat act 2005. Vat wb form 19 in excel format scroll for deposit of the amount deducted at source under subsection 1 of section 40 of the west bengal value added tax act, 2003. Dec 19, 2017 the government of west bengal vide trade circular no. West bengal value added tax act, 2003 punjab value added tax act haryana value added tax act telangana vat act 2005 gujarat value added tax act, 2003 tamilnadu vat act, 2006 the indian partnership act, 1932. We direct the concerned respondents to adjust the amount already deducted at.
This update has been contributed by ajay sanwaria managing associate. Wb vat act 2003 west bengal value added tax fyki for. An act to levy tax on sale of goods in west bengal on the basis of value added to such goods at each stage of sale of such goods and on purchases of certain goods in west bengal in specified circumstances and to provide for matters connected therewith or incidental thereto. The west bengal value added tax act, 2003 west bengal act xxxvii of 2003 an act to levy tax on sale of goods in west bengal on the basis of value added to such goods at each stage of sale of such goods and on purchases of certain goods in west bengal in specified circumstances and to provide for matters connected therewith or incidental thereto. Form 36 confirmation of transport to be annexed with the application for refund as referred to in clause a of section 61 of the west bengal value added tax act, 2003. West bengal value added tax act, 2003 tamilnadu vat act, 2006 karnataka value added tax act, 2003 gujarat value added tax act, 2003 the uttar pradesh value added tax act 2008 rajasthan value added tax act, 2003 punjab value added tax act. Kolkata gazette the directorate of commercial taxes, west bengal. Recommendations west bengal vat act and cst rules procedural issues 1. Section 40 of the west bengal value added tax act, 2003.
The west bengal clinical establishment rules, 2003 government of west bengal. Form 36 confirmation of transport to be annexed with the. Taxes are not payable for the following goods under. Establishment of west bengal value added tax settlement commission in west bengal vat 8a. Also, some goods are zero rated under schedule aa, while many goods are taxable at 5% under schedule c. The west bengal vat act 2003 has laid down the framework for regulations across the state. Karnataka, kerala, maharashtra, punjab and west bengal.
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