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S.O.24, dated 24th March, 2005 - In exercise of the powers
conferred by sub-section(3) of section 14 of the Bihar Value Added Tax
Ordinance, 2005 the Governor of Bihar is pleased to specify that the tax on the
goods mentioned in column (2) of the Table appended hereto shall, subject to the
corresponding conditions and restrictions specified in column (4) of the Table,
be levied at the rate specified in column (3) of the said table:
| SL |
Description of Goods |
Rate |
Conditions and
Restrictions |
| 1. |
Country liquor
including spiced country liquor |
34% |
Taxable (a) at the
point of sale by importer if the goods are imported from outside the State, (b)
at the point of sale by manufacturer if the goods are manufactured in Bihar, and
(c) in all other cases at the first point of sale in the State of
Bihar. |
| 2. |
Portable liquor
including spiced country liquor, whether imported from other countries or
manufactured in India. |
41% |
-do- |
| 3. |
Natural
Gas |
20% |
-do- |
| 4. |
Aviation of
Turbine Fuel |
29% |
-do- |
| 5. |
Motor spirit
(Petrol) |
27% |
Taxable (a) at the
point of sale by importer if the goods are imported from outside Bihar and, (b)
at the point of sale by oil companies to the retailer or direct to the
consumers, if goods are sold by these companies. |
| 6. |
High Speed Diesel
Oil and Light Oil |
22% |
-do- |
|
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