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)
Part B (Details of purchase/receipt)
Part C (Details of tax payable by the developer)
Part D (Payment Details)
Box-A (Details of Valuable consideration received)
Box-B (Details of registration of flats/dwelliing units)
Box-C (Details of statutory Forms/Declarations used during the period)
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.
"Form RT IIIB
Annual Return to be furnished by compounding developers under Section 24 of Bihar Value Added Tax Act, 2005
Period of Return (Year):-
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-
concerned Circle
(Rupees............)
Accountant
State Bank of
India
his own use
Act, 2005
State Bank of India
By order of the Governor of Bihar,
SUJATA CHATURVEDI.
Commissioner-cum-Principal Secretary,
Commercial Taxes Department.