Bihar Value Added Tax Act,2005

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Act No : 27


Section : Liability to pay purchase tax on certain purchases.

5. Liability to pay purchase tax on certain purchases.-Where a dealer purchases any taxable goods from any person within the State of Bihar, and such person is not a registered dealer and the said goods are used as capital assets anytime after such purchase, there shall be levied, a tax on the purchase price of suchpurchases at the rate at which tax on sales is leviable on the said goods.


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