(1) For the purpose of this Act, the taxable turnover of a dealer shall be that part of his gross turnover which remains after deducting therefrom-

(a) the aggregate value of the transaction specified in section 6;

(b) Omitted w.e.f. 01-07-2017;

(c) Omitted w.e.f. 01-07-2017

(cc). Notwithstanding anything contained in clause (c), where the contractor does not maintain proper accounts or the amount actually incurred towards charge for labour and other services and other items mentioned in clause(c)are not ascertainable from the accounts maintained by him, the amount of such charges for labour and services and such items may, for the purpose of deductions, be determined on the basis of such percentage with regard to the value of the works contract, or any part thereof, as may be prescribed in this behalf.

(d) Value of goods transferred otherwise than by way of sale;

(e) the value of goods sold but returned to the dealer within a period of six months from the date of the original sales and in respect of which the selling dealer has issued to the purchasing dealer a credit note specified in section 53;

(f) sale price at the subsequent stages of sale of such goods as are specified as being subject to tax at the first point of their sale in the State of Bihar, necessary evidence as requied by sub-section (1) of section 13 are filed along with the return filed by the dealer under sub-section (3) of section 24;

g) sale of goods to organizations specified in Schedule V to this Act.

(1A) Omitted w.e.f. 01-07-2017.

(2) Where a dealer claims that he is not liable to pay tax on any part of his gross turnover in respect of any goods by reason of transfer of such goods by him to any other dealer or to his agent or to his principal, as the case may be, for sale the burden of proving such claim shall be on the dealer and for this purpose, along with other evidences as may be prescribed, he shall furnish before the prescribed authority a declaration in a form and in the manner prescribed.