Amendment status not verified — confirm the current text below against the official source.
Amendment of section 14 of Bihar Value Added Tax Act, 2005 (Act no. 27 of 2005).- Section 14 of the Bihar Value Added Tax Act shall be substituted by the following, namely:- “14. The tax payable under the Act shall be calculated on the basis of- 3 िबहार गजट (असाधारण), 10 vxLr 2020 (a) The sale price of the goods at such rate not exceeding fifty percent; or (b) The weight or volume of the goods at such rate not exceeding fifty rupees per litre; or (c) Any combination of clauses (a) or (b), as the State Government may, by notification, specify and subject to such conditions and restrictions as may be specified in the said notification.”