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[Cites 0, Cited by 0] [Section 7] [Entire Act]

State of West Bengal - Subsection

Section 7(3) in The West Bengal Finance Act, 2017

(3)in section 16, in sub-section (3),-
(a)for the words "at such compounded rate not exceeding one per centum", the words "at such compounded rate or rates not exceeding three per centum" shall be substituted;
(b)for the words, figure and brackets "in lieu of tax payable under sub-section (2), on all his sales", the words, figure and brackets "in lieu of tax payable under sub-section (2), on all his sales, and for such purpose different rates may be prescribed for different class of dealers" shall be substituted;
(c)in the proviso, clause (b) shall be omitted;