BIHAR VALUE ADDED TAX Act, 2005 NOTIFICATION
-

Body Notification No. S.O. 277, Dated 7th October, 2016

In exercise of the powers conferred by Sub- Section (1) of Section 93 of the Bihar Value Added Tax Act, 2005 (Act 27 of 2005) the Governor of Bihar is pleased to amend the following rules of Bihar Value Added Tax Rules, 2005 with immediate effect :-

Amendment

1. Amendment in sub-rule(2) of Rule 19 of the Bihar Value Added Tax Rules, 2005. -

After clause (b) of sub-rule(2) of Rule 19 of the Bihar Value Added Tax Rules, 2005 the following proviso shall be inserted:-

"Provided that every registered developer, who has opted to pay compounding tax under the provisions of Section-15C of Bihar Value Added Tax Act, 2005 in lieu of tax payable under the Act shall furnish to the authority specified in Rule 62-

(a) a quarterly return in Form RT-IA;

(b) an annual return in Form RT-IIIB."

2. Inserstion of a new form Form RT-IA after Form RT-I appended to the Bihar Value Added Tax Rules, 2005.- The following new Form "RT-1A" shall be inserted after Form RT-I appended to the Bihar Value Added Tax Rules, 2005, namely-

"Form RT– IA

{See proviso of Rule 19(2)}

Quarterly Return to be furnished by compounding developers under Section 24 of Bihar Value Added Tax Act, 2005

Name and style of the dealer:-

Taxpayer Identification Number:-

Period of Return (Quarter):-

Part A (Compounding Amount)

Sl.	Particulars	Amount
1	Gross amount received/receivable including value of land for sale and transfer of flats, dwelling units etc. during the return period.
2	Difference in agreement value and value determined for the purpose of stamp duty (if the value determined for the purpose of stamp duty is higher than the agreement value)
3	Total Value on which compounding money is payable (Sl no. 1+ Sl no. 2)

Part B (Details of purchase/receipt)

	Purchase/ receipt during the quarter:	Schedule IV goods	Schedule I goods	Other taxable goods				Total
	Purchase/ receipt during the quarter:	Schedule IV goods	Schedule I goods	1%	5% (Sch-IIIA)	6% (Sch-IIIA)	15%	Total
(i)	Purchase/ receipt from within the state
(ii)	Purchase from outside the state
(iii)	Stock transfer receipts from outside the state
Total of Purchase/receipts

Part C (Details of tax payable by the developer)

Sl. No.	Particulars	Rate of tax	Turnover	Amount of Tax
1	Compounding money payable on amount shown in sl.no. 3 of Part-A	1%
2	Purchase/receipt of materials during the period from outside the State for use in constructions works
2(i)	Goods of Schedule II	1%
2(ii)	Goods of Schedule III	6%
2(iii)	Goods of Schedule IIIA	5%
2(iv)	Unspecified goods	15%
2(v)	Other to specify
3	Purchase of material within the state from dealer other than registered dealer.
3(i)	Goods of Schedule II	1%
3(ii)	Goods of Schedule III	6%
3(iii)	Goods of Schedule IIIA	5%
3(iv)	Unspecified goods	15%
3(v)	Other to specify
4	Total tax payable

Part D (Payment Details)

		Amount
(i)	By way of entry tax, if any
(ii)	DD/Cheque (Specify number, date of payment and value of issuing Bank.
(iii)	Cash
(iv)	Any other mode.

Box-A (Details of Valuable consideration received)

No of Flats/ Dwelling units	Name of the apartment/ project	Agreement Value	Agreement Date	Valuable consideration received up to previous Qtr	Valuable consideration received during the Qtr	Valuable consideration received at the end of the Qtr

Box-B (Details of registration of flats/dwelliing units)

No of Flats/ Dwelling units	Name of the apartment/ project	Agreement Date	Agreement Value	Date of Registration	Value of the flats/dwelling units for the purpose of stamp duty

Box-C (Details of statutory Forms/Declarations used during the period)

Sl. No.	Type of forms/declaration	Number of forms received	Period for which the forms used	Value of forms
1	D-IX
2	Form-C
3	Form-F

I…………………… name), son/daughter of………………… full name), in the capacity of……………… Director/Karta/Authorised person) hereby declare that the statements furnished in this return are based upon true and complete accounts.

I declare further that the particulars furnished in this return are correct and complete to the best of my knowledge and belief, and that I am competent to sign and submit this return.

Date:	Signature of authorised person
Place:	Status in relation to dealer"

3. Inserstion of a new Form RT-IIIB after Form RT-IIIA appended to the Bihar Value Added Tax Rules, 2005.- The following new Form "RT-IIIB" shall be inserted after Form RT-IIIA appended to the Bihar Value Added Tax Rules, 2005, namely-

"Form RT– IIIB

{See proviso of Rule 19(2)}

Annual Return to be furnished by compounding developers under Section 24 of Bihar Value Added Tax Act, 2005

Name and style of the dealer:-

Taxpayer Identification Number:-

Period of Return (Year):-

Part A (Compounding Amount)

Sl.	Particulars	Amount
1	Gross amount received/receivable including value of land for sale and transfer of flats, dwelling units etc. during the return period.
2	Difference in agreement value and value determined for the purpose of stamp duty (if the value determined for the purpose of stamp duty is higher than the agreement value)
3	Total Value on which compounding money is payable (Sl no. 1+ Sl no. 2)

Part B (Details of purchase/receipt)

	Purchase/ receipt during the quarter:	Schedule IV goods	Schedule I goods	Other taxable goods				Total
	Purchase/ receipt during the quarter:	Schedule IV goods	Schedule I goods	1%	5% (Sch-IIIA)	6% (Sch-IIIA)	15%	Total
(i)	Purchase/ receipt from within the state
(ii)	Purchase from outside the state
(iii)	Stock transfer receipts from outside the state
Total of Purchase/receipts

Part C (Details of tax payable by the developer)

Sl. No.	Particulars	Rate of tax	Turnover	Amount of Tax
1	Compounding money payable on amount shown in sl.no. 3 of Part-A	1%
2	Purchase/receipt of materials during the period from outside the State for use in constructions works
2(i)	Goods of Schedule II	1%
2(ii)	Goods of Schedule III	6%
2(iii)	Goods of Schedule IIIA	5%
2(iv)	Unspecified goods	15%
2(v)	Other to specify
3	Purchase of material within the state from dealer other than registered dealer.
3(i)	Goods of Schedule II	1%
3(ii)	Goods of Schedule III	6%
3(iii)	Goods of Schedule IIIA	5%
3(iv)	Unspecified goods	15%
3(v)	Other to specify
4	Total tax payable

Part D (Payment Details)

		Amount
(i)	By way of entry tax, if any
(ii)	DD/Cheque (Specify number, date of payment and value of issuing Bank.
(iii)	Cash
(iv)	Any other mode.

Box-A (Details of Valuable consideration received)

No of Flats/ Dwelling units	Name of the apartment/ project	Agreement Value	Agreement Date	Valuable consideration received up to previous Year	Valuable consideration received during the Year	Valuable consideration received at the end of the Year

Box-B (Details of registration of flats/dwelliing units)

No of Flats/ Dwelling units	Name of the apartment/ project	Agreement Date	Agreement Value	Date of Registration	Value of the flats/dwelling units for the purpose of stamp duty

Box-C (Details of statutory Forms/Declarations used during the period)

Sl. No.	Type of forms/declaration	Number of forms received	Period for which the forms used	Value of forms
1	D-IX
2	Form-C
3	Form-F

I declare further that the particulars furnished in this return are correct and complete to the best of my knowledge and belief, and that I am competent to sign and submit this return.

Date:	Signature of authorised person
Place:	Status in relation to dealer"

4. Substitution of Form CH-I appended to the Bihar Value Added Tax Rules, 2005-

Form CH-I appended to the Bihar Value Added Tax Rules, 2005 shall be substituted in following way, namely-

ORIGINAL

DUPLICATE

To be sent by the Treasury to the

concerned Circle

To be retained in the concerned Treasury

Form CH-I

Challan under the Bihar Value Added Tax Act, 2005

[See Rule 27]

Serial Number...........

Treasury..........

Name of the Bank..........

Branch Code..........

Major Head-0040 -Sales Tax

Minor Head 111- Bihar Value Added Tax

Minor Head 101-Central Sales Tax

Receipts under the Bihar Value Added Tax Act, 2005

Miscellaneous Receipts under the:

Bihar Value Added Tax Act, 2005

Central Sales Tax Act, 1956

Challan of amount paid to the Bank

For the month/quarter/year ending............

Name of the Circle to which the payment relates............

By whom Tendered:

Tendered on behalf of:

Taxpayer Identification Number:

Payment on account of:	Amount
Admitted Tax
Advance Tax
Assessed/Reassessed Tax
Interest
Penalty
Fees
Composition money
Appeal Fee
Revision Fee
Fine under section ...
Miscellaneous
Total

Payment on account of:	Amount
Admitted Tax
Advance Tax
Assessed/Reassessed Tax
Interest
Penalty
Fees
Composition money
Appeal Fee
Revision Fee
Fine under section ...
Miscellaneous
Total

Rupees........ (in words)

Signature of dealer/depositor

For use in the Treasury

I Received payment of Rs........

(Rupees............)

I Received payment of Rs........

(Rupees............)

2. Date of entry

Treasury

Accountant

Treasury Officer

Agent/Manager of

State Bank of

India

Treasury

Accountant

Treasury Officer

Agent/Manager of

State Bank of

India

TRIPLICATE

QUADRIPLICATE

To be returned to the dealer/depositor for

his own use

To be returned to the dealer/depositor for being forwarded to the appropriate Commercial Taxes Authority

Form CH-I

Challan under the Bihar Value Added Tax Act, 2005

Challan under the Bihar Value Added Tax

Act, 2005

[See Rule 27]

Serial Number...........

Treasury..........

Name of the Bank..........

Branch Code..........

Major Head-0040 -Sales Tax

Minor Head 111- Bihar Value Added Tax

Minor Head 101-Central Sales Tax

Receipts under the Bihar Value Added Tax Act, 2005

Miscellaneous Receipts under the:

Bihar Value Added Tax Act, 2005

Central Sales Tax Act, 1956

Challan of amount paid to the Bank

For the month/quarter/year ending............

Name of the Circle to which the payment relates............

By whom Tendered:

Tendered on behalf of:

Taxpayer Identification Number:

Payment on account of:	Amount
Admitted Tax
Advance Tax
Assessed/Reassessed Tax
Interest
Penalty
Fees
Composition money
Appeal Fee
Revision Fee
Fine under section ...
Miscellaneous
Total

Payment on account of:	Amount
Admitted Tax
Advance Tax
Assessed/Reassessed Tax
Interest
Penalty
Fees
Composition money
Appeal Fee
Revision Fee
Fine under section ...
Miscellaneous
Total

Rupees........ (in words)

Signature of dealer/depositor

For use in the Treasury

I Received payment of Rs........

(Rupees............)

I Received payment of Rs........

(Rupees............)

2. Date of entry

Treasury

Accountant

Treasury Officer

Agent/Manager of

State Bank of

India

Treasury

Accountant

Treasury Officer

Agent/Manager of

State Bank of

India

FOR CIRCLE

To be sent by the Bank to the concerned circle

Form CH-I

Challan under the Bihar Value Added Tax Act, 2005

[See Rule 27]

Serial Number..........

Treasury........

Name of the Bank..........

Branch Code..........

Major Head-0040 -Sales Tax

Minor Head 111- Bihar Value Added Tax

Minor Head 101-Central Sales Tax

Receipts under the Bihar Value Added Tax Act, 2005

Miscellaneous Receipts under the:

Bihar Value Added Tax Act, 2005

Central Sales Tax Act, 1956

Challan of amount paid to the Bank

For the month/quarter/year ending............

Name of the Circle to which the payment relates..........

By whom Tendered:

Tendered on behalf of:

Taxpayer Identification Number	: Amount
Payment on account of:
Admitted Tax
Advance Tax
Assessed/Reassessed Tax
Interest
Penalty
Fees
Composition money
Appeal Fee
Revision Fee
Fine under section ..
Miscellaneous
Total
Rupees........ (in words)
Signature of dealer/depositor
For use in the Treasury
I Received payment of Rs........ (Rupees............
2. Date of entry
	Treasury Officer
Treasury Accountant	Agent/Manager of State Bank of India

By order of the Governor of Bihar,

SUJATA CHATURVEDI.

Commissioner-cum-Principal Secretary,

Commercial Taxes Department.