Levy of tax

(1) Subject to the provisions of this Act, there shall be levied and collected a tax on the turnover of a dealer at such rate as may be specified by the State Government by notification. (2) The tax payable by the dealer shall be determined in the manner prescribed and shall be paid at such intervals as may be prescribed: (iii) Every dealer liable to pay tax shall be required to maintain such accounts as may be prescribed; (iv) The dealer shall submit a return in the prescribed form within the time as may be prescribed; (v) Every dealer shall be required to pay the tax in the manner and within the time as may be prescribed; (m) "Tax base" means the turnover as defined in clause (l) of this section. (n) "Notification" means a notification published in the Jharkhand Gazette from time to time. (o) "Taxing authority" means the officer or authority appointed by the State Government for the purposes of this Act. (p) "Year" means the financial year. (1) Subject to the provisions of sub-secnon (2), there shall be levied and paid to the State Government by an assessee: a ta'< on advertisement at the rate(s) as specified in the schedule: appended to this Act, Provided that the State Government may specify different rate or rates of tax in respect to different categories of advertisement Provided further that the rate of tax shall not exceed twenty percent of the value of advertisement. (2) No ta'< shall be payable on such advertisements, which.- (a) relates to a pub! ic meeting, or to an election to Parliament or the Legislative Assembly; or (b) is exhibited within the premises of an) building if such advertisement relates to the trade, profession or business carried on in that building: or (c) relates to the trade, profession or business carried on within the land or building upon or over which such advertisement is exhibited or to any sale or letting so such land or building or any effects therein or to any sale, entertainment or meeting to be held on or upon or in the same: or (d) relates to the name of the land or building. upon or over \ hich the advertisement ts exhibited, or to the name of the owner or occupier of such land or building; or (e) relates to the business of a railway administration and is exhibited within any railway station or upon any wall or other property of a railway administration; or (t) relates to any activity of the Central Government or the State Govemment(s). (3) When an assessee holds more than one rcgistrauon for his advertisement, the tax shall be payable separately in respect of his each registration.