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40 Deferment of payment of tax in respect of new and existing industrial units

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2(1)(c) "appropriate assessing authority"

2(1)(d) "appropriate Government Treasury"

2(1)(o) "return period"

2(1)(p) "Section"

102 Period of eligibility, period of deferment of payment of tax for newly set up industrial units in different areas and percentage of gross value of fixed capital assets for calculating the amount of tax to be deferred

103 Commencement of eligible period in respect of which payment of tax may be deferred

104 Termination of eligible period in respect of which, and the period for which, payment of tax may be deferred

105 Variation of the amount of tax deferred consequent upon verification of return

106 Payment of tax due after assessment which is in excess of the amount eligible for deferment

107 Period to which deferment of tax due on assessment relates

108 Deferment of payment of tax during the pendency of the application for certificate of eligibility or renewal thereof

109 Payment of tax not to be deferred in the event of rejection of application for certificate of eligibility or renewal thereof

110 Deferment of payment of tax for an amount equivalent to the capital investment subsidy

111 Termination of the benefit of deferment of payment of tax for contravention of provisions of the Act and the rules made thereunder

113 Payment of deferred tax even before the expiry of the period of deferment

114 Creation of loan liability of a dealer for the amount of tax deferred and agreement therefor

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Form 19 : Statement of payment of tax deferred under section 40(1)/section 40(5) and paid under section 40(7) of the West Bengal Sales Tax Act, 1994

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The West Bengal Sales Tax Rules, 1995
Chapter XI - Part II : Deferment of payment of tax in respect of sales of goods manufactured in a newly set up industrial unit

112. Manner of and time by which, payment of deferred tax is to be made by newly set up industrial unit

(1) The full amount of tax in respect of any return period, payment of which is deferred under sub-section (1), or sub-section (5), of section 40 read with the rules in this Part, shall be paid in accordance with the provisions of sub-section (7) of that section within fifteen days from the end of the period up to which such payment of tax has been deferred.

(2) A dealer liable to pay the tax in accordance with the provisions of sub-rule (1) shall pay the full amount of such tax into the appropriate Government Treasury or the Reserve Bank of India.

(3) The dealer shall, after making payment of tax referred to in sub-rule (2), send a copy of the receipted challan showing payment of such tax to the appropriate assessing authority along with a statement in Form 19.