Endorsement of Way Bill

Transporters / Dealers entering into West Bengal on and from 15.11.2010 through the routes where there is no Commercial Taxes Checkpost will submit one copy of the Way Bill to the Charge Office where the importing dealer is registered, within seven days from the date of entry of the consignment in West Bengal.

Checkposts abolished and operational from 15/11/2010

The following Checkposts under DIRECTORATE OF COMMERCIAL TAXES GOVERNMENT OF WEST BENGAL will stand abolished (w.e.f. 15/11/2010)-

1. Barabazar                 (District- Purulia)
2. Bundwan                          -do-
3. Kelyasota                         -do-
4. Tulin                                 -do-
5. Gopiballavpur (District-Paschim Medinipur)
6. Matiberua                         -do-
7. Orwo                               -do-
8. Sonakania                        -do-
9. Banhat                 (District- Birbhum)
10. Muraroi                         -do-
11. Sheorakuri                     -do-
12. Barakar             (District-Burdwan)
13. Rupnarayanpur               -do-
14. Dhuliyan (Ghoramara) (District- Murshidabad)
15. Jaypur                (District- North 24 Parganas)
16. Padima                 (District- Purba Medinipur)
17. Bastadangi             (District- Uttar Dinajpur)

There will also be no checkpost at Howrah Station, Sealdah Station, Shalimar Station, Kantapukur and Cossipore from the aforesaid date.

The following checkposts, however, will remain operational until further notification of WB Govt.:-

1. Barabisha
2. Baxirhat
3. Berma
4. Birpara
5. Chasmore
6. Chichira
7. Dalkhola
8. Duburdih
9. Jaigaon
10. Melli
11. Phansidewa More
12. Haldia Dock area

AMENDMENT MADE IN THE WEST BENGAL VALUE ADDEDTAX ACT, 2003

AN AMENDMENT MADE IN THE WEST BENGAL VALUE ADDED TAX ACT, 2003, THE GOODS WHICH ARE PRESENTLY TAXABLE @12.5% UNDER SCHEDULE-CA TO THE ACT, WILL ATTRACT TAX @ 13.5% ON SALE OF SUCH GOODS, ON AND FROM 15.11.2010

NEW TRANSIT DECLARATION

When a vehicle carrying goods comes from any place outside the State of West

Bengal and it is bound for any other place outside the State, that is to say, when the

consignment passes through the State, the transporter/ carrier/ transporting agent is

required to make a declaration that the consignment of goods, the details of which are

given by him, are being carried /will be carried from one State to another State through

West Bengal and no portion of the consignment of goods shall be unloaded within West

Bengal for any purpose other than the purpose of shipment for export and that the said

goods will not be delivered or sold in West Bengal.

So long the declaration was required to be produced before an authority of the

entry-point Commercial Taxes Checkpost with a copy of the invoice or delivery note

etc. in respect of the goods being transported in the goods vehicle for countersignature

by the authority. The authority used to countersign and return the declaration along with

the other documents to the transporter after recording in a register the particulars given

in the consignment note or in the document of like nature, as the case may be, and in

the declaration. Thereafter the vehicle was allowed to move.

The declaration thus countersigned by the authority of the entry-point checkpost

was required to be produced before the authority at the exit-point checkpost for

necessary endorsement. The authority upon verification of the goods being transported

in the vehicle with those specified in the declaration, endorsed the document with his

official seal at the last (exit-point) checkpost and thereafter returned it to the transporter

for onward movement of the vehicle to the place of destination outside West Bengal,

after recording in a register the particulars given in the consignment note or in the

document of like nature, as the case may be, and in the declaration.

The procedure as narrated above has changed completely following the West

Bengal Taxation Laws (Amendment) Ordinance, 2010.

In the new system, the ‘declaration ’ in connection with movement of the goods-

vehicle using West Bengal as corridor, has to be made by the transporter/ carrier/

transporting agent electronically through the Directorate’s website 

before entry of the goods vehicle in West Bengal. Then the

Transit Declaration is generated online and printed by the Transporter. The transporter/

carrier/ transporting agent would sign on the printed copy of the TD and hand over the

same to the driver of the goods vehicle. The driver has to carry the such TD throughout

the movement in the State of West Bengal. The self-generated TD has to be produced

by the driver/ transporter before the intercepting authority of the Directorate of

Commercial Taxes at any place within the State.

There is therefore no case of compulsory countersignature or endorsement of the

TD thus generated or carried.

For generation of the TD in the new system, The transporter/ carrier/

transporting agent will have to furnish the following information online :-

1. Name of the Transporter

2. Address of the Transporter

3. Enrolment No. in W.B., if any

4. Vehicle Registration Number

5. Chassis Number of vehicle

6. Engine Number of Vehicle

7. Name of Vehicle Owner

8. Address of Vehicle Owner

9. Originating place of the Vehicle

10. Originating District

11. Originating State

12. Destination place of the Vehicle

13. Destination District

14. Destination State

15. Name of the Consignor of the Departure State

16. TIN of the Consignor

17. Name of the Consignee of the Destination State

18. TIN of the Consignee

19. Entry Location in W.B.

20. Exit Location from W.B.

21. Prominent Locations in the Route

22. Approximate Entry Date in W.B.

23. Approximate Exit Date from W.B.

24. Total No of Bills/Invoices

25. Description of Goods

26. Quantity/Total No. of items

27. Value of the Goods

28. Place of Transhipment (if any)

In addition to the above information, the transporter/ carrier/ transporting agent will

have to submit a Declaration online as under :-

I, the *transporter/ *carrier/ *transporting agent do hereby declare that the

information furnished above are correct to the best of my knowledge and belief. The

goods bound for a destination outside West Bengal, transported in this vehicle

No……..…..…shall not be unloaded, delivered or sold in West Bengal.

I further declare that the consignment of goods carried us on the strength of

Transit Declaration Form issued on the previous occasion, on our declaration, has

*duly /*not yet exited from West Bengal.

Date of issue :……………..……… Signature………………….…………

Place:………………………………. Status…………………….…………

Validity & other issues

1. Each Transit Declaration Form will be valid for 1/3/7 days from the expected

date of entry in West Bengal as per the applicant’s declaration, depending

on the declared point of entry and exit. After the valid period, the Transit

Declaration Form will stand invalid, unless revalidated.

2. In case the period of validity expires before entry of the goods vehicle in the

State, a new TD Form may be generated after canceling the earlier TD Form.

3. In case of export/ import to/from a foreign country through Kolkata/ Haldia

Port, the validity period may be one month.

4. After entry in the State, for extension of exit-time, application may be made

online to the authority of the Commercial Taxes. The officer may extend the

time if the grounds for extension seem to be reasonable.

5. After exit from the territory of West Bengal, the transporter/ driver will submit

a utilisation statement through the portal within 2 days from the date of such

exit declaring that the goods vehicle has exited the State.

6. Facility is allowed to reprint the Transit Declaration Form on furnishing the TD

number

RBI TELLS BANKS TO PROMOTE E-PAYMENT OPTIONS [8 November 2010]

The Reserve Bank of India , or RBI, has told a bunch of top bank executives to push the use of electronic transactions among customers to trim the serpentine queues in front of teller counters despite lakhs of automated teller machines and net banking facilities. On November 3, the central bank told the executive directors of select state-run banks to educate customers about the many options, like real-time gross settlement, national electronic funds transfer, and electronic clearing service, for transactions. "RBI told banks to improve the penetration of electronic payment systems during a meeting to review the present situation," a bank executive who participated in the meeting said not wanting to be named. Executive directors of Allahabad Bank , Bank of Baroda , Bank of India, Central Bank of India , Dena Bank , Punjab & Sind Bank, Syndicate Bank , Uco Bank and Vijaya Bank were at the meeting presided over by RBI chief general manager G Padmanabhan. The central bank acknowledged that paper-based systems will continue to dominate in terms of numbers , but it said banks should try to increase the share of electronic payment options in terms of the value of transactions. At present, nearly 90% of all banking transactions are done electronically in value terms; the share of electronic payment is just about 35% in terms of the number of transactions. Some banks are lagging the industry average in making their customers adopt the electronic options. Over a period of time, the RBI has been encouraging the use of electronic payment products that are superior to paper-based systems in terms of traceability , efficiency, speed and safety. While RTGS is for high-value transactions, NEFT and ECS are for small amounts. The share of paper-based instruments has been on the decline both in volume and value terms. But RBI said that paper-based solutions will dominate in terms of numbers and launched a speed-clearing system to streamline the process and reduce the time taken for collection of outstation cheques. Speedclearing system is available for MICR (magnetic ink character recognition) cheques at 66 MICR chequeprocessing centres across the country.