Section 4
Charge of expenditure-tax.
About this Act
An Act to provide for the levy of a tax on expenditure incurred in certain hotels or restaurants and for matters connected therewith or incidental thereto.
Subject to the provisions of this Act, there shall be charged on and
from--
(a) the commencement of this Act 1 [but not after the 31st day of May, 2003], a tax at the rate of 2 [ten per cent.] of the chargeable expenditure incurred in a hotel referred to in clause (1) of section 3:
Provided that nothing in this clause shall apply in the case of a hotel referred to in 3 [clause (a) of sub-section (7) of section 80-IB] of the Income-tax Act during the period beginning on the 1st day of April, 1991 and ending on the 31st day of March, 2001:
4 [Provided further that nothing in this clause shall apply in the case of a hotel referred to in 5 [clause (a) of sub-section (7) of section 80-IB of the Income-tax Act, 1961 (43 of 1961) during the period beginning on the 1st day of April, 1998 and ending on the 31st day of March, 2008.]
(b) the 1st day of October, 1991, 6[but not after the 31st day of May, 1992] a tax at the rate of fifteen per cent. of the chargeable expenditure incurred in a restaurant referred to in clause (2) of section 3.
(a) the commencement of this Act 1 [but not after the 31st day of May, 2003], a tax at the rate of 2 [ten per cent.] of the chargeable expenditure incurred in a hotel referred to in clause (1) of section 3:
Provided that nothing in this clause shall apply in the case of a hotel referred to in 3 [clause (a) of sub-section (7) of section 80-IB] of the Income-tax Act during the period beginning on the 1st day of April, 1991 and ending on the 31st day of March, 2001:
4 [Provided further that nothing in this clause shall apply in the case of a hotel referred to in 5 [clause (a) of sub-section (7) of section 80-IB of the Income-tax Act, 1961 (43 of 1961) during the period beginning on the 1st day of April, 1998 and ending on the 31st day of March, 2008.]
(b) the 1st day of October, 1991, 6[but not after the 31st day of May, 1992] a tax at the rate of fifteen per cent. of the chargeable expenditure incurred in a restaurant referred to in clause (2) of section 3.
Notes
1. Ins. by Act 32 of 2003, s. 103 (w.e.f. 1-6-2003).
2. Subs. by Act 32 of 1994, s. 57, for "twenty per cent." (w.e.f. 1-6-1994).
3. Subs. by Act 27 of 1999, s. 98, for "clause (ii) of sub-section (5) of section 80-IA" (w.e.f. 1-4-2000).
4. Ins. by Act 26 of 1997, s. 61 (w.e.f. 1-4-1998).
5. Subs. by 27 of 1999, s. 98, for "clause (iia) or sub-section (5) of section 80-1A" (w.e.f. 1-4-2000).
6. Subs. by Act 18 of 1992, s. 106, for "the commencement of this Act" (w.e.f. 1-6-1992).
2. Subs. by Act 32 of 1994, s. 57, for "twenty per cent." (w.e.f. 1-6-1994).
3. Subs. by Act 27 of 1999, s. 98, for "clause (ii) of sub-section (5) of section 80-IA" (w.e.f. 1-4-2000).
4. Ins. by Act 26 of 1997, s. 61 (w.e.f. 1-4-1998).
5. Subs. by 27 of 1999, s. 98, for "clause (iia) or sub-section (5) of section 80-1A" (w.e.f. 1-4-2000).
6. Subs. by Act 18 of 1992, s. 106, for "the commencement of this Act" (w.e.f. 1-6-1992).