In exercise of the powers conferred by the sub-section (1) of Section 44 of the Jharkhand Value Added Tax Act, 2005 (Jharkhand Act 05, 2006), the Governor of Jharkhand is pleased to specify the rates in column-3 of the Schedule below at which the amount of tax is to be deducted in advance in respect of the works, contracts mentioned in column-2 of the said schedule from the bills or invoices raised by works contractors subject to the conditions and restrictions, set out in column (4) thereof: -
Schedule
No.
is to be made
Restrictions
(2) No deduction shall be made, if the works contractor is under composition scheme u/s 58 of the Act
This Notification shall come into force with effect from 1st April, 2006.