Section 32(1) in The Bihar Value Added Tax Act, 2005
(1)If the prescribed authority is satisfied that any registered dealer-(a)has concealed any sales or purchases or any particulars thereof, with a view to reduce the amount of tax payable by him under this Act; or(b)[ has furnished incorrect statement of his turnover or incorrect particulars of his sales or purchases in the return furnished under sub-section (1) of Section 24 or in the quarterly statement under sub-section (4) of Section 24 of in the annual return under sub-section (3) of Section 24; or] [Substituted by Act No. 8 of 2007.](c)has claimed input tax credit in excess of the amount of input tax credit to which he is entitled under this Act,the prescribed authority shall, after giving such a dealer an opportunity of being heard in the prescribed manner, by an order in writing, direct that he shall, besides the amount of interest payable under subsection (10) of section 24 and in addition to any tax which may be determined to be payable by him under the Act, pay by way of penalty, a sum equal to three times the amount of tax on the concealed turnover or on concealed or incorrect particulars or excess input tax credit claimed.
