In exercise of the powers conferred by the Proviso of clause (a) of sub-section (1) of Section 58 of the Jharkhand Value Added Tax Act, 2005 (Jharkhand Act 05, 2006), the Governor of Jharkhand is pleased to specify the rates in column (4) of the Schedule below, at which the amount of composite tax payable by Contractors, who are liable to pay tax on sales effective by them by way of transfer of property in goods (whether as goods or in some other forms) involved in the execution of works contract: mentioned in column (2) of the Schedule below, subject to the conditions and restrictions, as set out in column (5) as noted below: -
Schedule
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This Notification shall come into force with effect from 1st April, 2006.