In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) of section 54 of the Bihar Goods and Services Tax Act, 2017 (12 of 2017), the Governor of Bihar, on the recommendations of the Council, hereby makes the following further amendments in the Commercial Taxes Department notification No.5/2017- State Tax (Rate), dated the 29th June, 2017, published in Bihar Gazette, Extraordinary, vide number 548, dated the 29th June, 2017, namely:-

'In the said notification, in the opening paragraph the following proviso shall be inserted, namely,

"Provided that,-

(i) nothing contained in this notification shall apply to the input tax credit accumulated on supplies received on or after the 1st day of August, 2018, in respect of goods mentioned at serial numbers1, 2, 3, 4, 5, 6, 6A, 6B, 6C and 7 of the Table below; and

(ii) in respect of said goods, the accumulated input tax credit lying unutilised in balance, after payment of tax for and upto the month of July, 2018, on the inward supplies received up to the 31st day of July 2018, shall lapse.".

2. This Notification shall come into force with effect from 27th July, 2018.

By Order,

DR. PRATIMA,

Commissioner-cum-Secretary.