The West Bengal Government has planned an e-governance scheme to help the small and medium enterprises sector of the State to file e-return of sales tax and also enable online refund of value added tax (VAT) through the electronic clearing schemes.
According to industry buzz, the State Government has decided to set up around 150 kiosks to facilitate online submission, payment and clearance of tax dues and filing and payment of tax refunds. The five schemes introduced include the e-registration for VAT and dematerialisation of registration certificates, filing of sales tax e-returns, e-payment under the industrial promotion assistance scheme, e-VAT refund and payment through ECS and e-submission of option under Composition Scheme in Form 16.
Amit Mitra, State Finance Minister said, "The initiatives would not just cut down on the harassment faced by small and medium traders; it is also expected to reduce corruption in the Finance Department. We expect an increase in tax buoyancy as well as improved compliance by the people."
