THE BIHAR GOODS AND SERVICES TAX ACT, 2017 Notifications History
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Body Notification No. S.O.101 dated 29th June 2017-

In exercise of the powers conferred by sub-sections (1) and (3) of section 50, sub-section (12) of section 54 and section 56 of Bihar Goods and Services Tax Act, 2017 (12 of 2017), the Governor of Bihar on the recommendations of the Council, hereby fixes the rate of interest per annum for the purposes of the sections as specified in column (2) of the Table below as mentioned in the corresponding entry in column (3) of the said Table.

Table

Serial Number	Section	Rate of interest
(1)	(2)	(3)
1	sub-section (1) of section 50	18 Percent
2	sub-section (3) of section 50	24 Percent
3	sub-section (12) of section 54	6 Percent
4	section 56	6 Percent
5	proviso to section 56	9 Percent

2. This notification shall come into force with effect from the 1st day of July, 2017.

By the order of Governor of Bihar,

SUJATA CHATURVEDI,

Commissioner-cum-Principal Secretary

Commercial Taxes Department.