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West Bengal - GST in Bengal by 2010

West Bengal government is committed to bring in Goods & Services Tax (GST) in the state by 2010. For an effective GST regime at the state level all the indirect taxes would be merged and there would be single tax structure.



 

“We are looking to develop a suitable software for the implementation of the GST in the state by 2010 which would bring an end to multiplicity problem and cascading effect of the indirect taxes,” said HK Dwivedi, commissioner of commercial taxes, government of West Bengal.

The e-payment facility would be implemented from May, 2008 and the State bank of India have offered to provide the services to the tax payers.

“We would implement e-payment facility by May with SBI having agreed to provide the facility and we are also in talks with three other public sector banks who could be roped in for future,” he added.

Commenting about the commercial tax collection for the fiscal, the commissioner said that it is expected to grow by 16 percent.

Source : Business Standard, India, dated 17/04/2008

 

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