BudgetWB VAT

Amnesty Scheme for registration to Un registered Dealers under WB-VAT

Bud­get of West Ben­gal state pre­sent­ed  on 27th Feb­ru­ary, 2015 by Dr. Amit Mitra Finance Min­is­ter In-Charge West Ben­gal. He Said in his Bud­get speech that despite our past ini­tia­tives to bring big unreg­is­tered deal­ers under the tax fold, some deal­ers still remain out­side the VAT net­work owing to penal pro­vi­sion and bur­den of past tax lia­bil­i­ties. I pro­pose to intro­duce an attrac­tive amnesty scheme for unreg­is­tered deal­ers for reg­is­tra­tion upon pay­ment of reduced tax on their self-declared turnovers for past peri­ods with­out pay­ment of inter­est and penal­ty. The scheme will be open from 01.04.2015 till 31.07.2015.

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