In exercise of the powers conferred by sub-section(3) of section 14 of the Bihar Value Added Tax Act, 2005 the Governor of Bihar is pleased to specify that the tax on the goods mentioned in column (2) of the Table appendedn hereto shall, subject to the corresponding conditions and restrictions specified in column (4) of the Table, be levied at the rate specifed on column (3) of the said Table:
(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.
2. This notification shall come into force from 1st April 2005.