Seeks to insert explanation in an entry in Notification No. 12/2017- State Tax (Rate), dated the 29th June, 2017 - 23/2018-State tax (Rate)-S.O. 244 - Bihar SGST

BIHAR GOVERNMENT COMMERCIAL TAX DEPARTMENT NOTIFICATION 20 TH SEPTEMBER, 2018 Notification No. 23/2018-State tax (Rate) S.O. 244, Dated 20th September 2018 - In exercise of the powers conferred by sub-section (3) of section 11of the Bihar Goods and Services Tax Act, 2017 (12 of 2017), the Governor of Bihar, on the recommendations of the Council, and on being satisfied that it is necessary so to do for the purpose of clarifying the scope and applicability of the notification of the Commercial Taxes Department No.12/2017- State Tax (Rate), dated the 29th June, 2017, published in the Bihar Gazette, Extraordinary, vide number 555, dated the 29th June, 2017, hereby inserts the following Explanation in the said notification, in the Table, against serial number 41, in column (3), namely:- Explanation.-For the purpose of this exemption, the Central Government, State Government or Union territory shall have 50 per cent. or more ownership in the entity directly or through an entity which is wholly owned by the Central Government, State Government or Union territory. . [(File No. Bikri kar/GST/vividh-21/2017 (Part-3) 23)] By the order of Governor of Bihar, Dr. Pratima, Commissioner State Tax-cum-Secretary.