Tag Archives: Bihar VAT

Amendment in Bihar Value Added Tax Rules 2005

BIHAR VAT Amendment in Bihar Value Added Tax Rules 2005 Sub-rule (2)(b) of Rule 14 has been substituted. Now, the value of stock transfers outside the State shall be arrived at after applying the following Formula-   R2 = [B x I / P] {Earlier formula was: R2 = [4 x B ÷ 100]} Where, R2 = reverse… Read More »