AI-assisted research summary: This amendment changes the admission tax rates for certain amusements and lets the State Government set the commencement date by notification.
48 ASSAM ACT No.XII OF 1962 THE ASSAM AMUSEMENTS AND BETTING TAX (AMENDMENT) ACT, 1962 (As passed by the Assembly) Received the assent of the Governor on the 3rd July 1962 [Published in the Assam Gazette, Extraordinary, dated the 4th July 1962] An Act further to amend the Assam Amusements and Betting Tax Act, 1939. Preamble. Whereas it is expedient further to amend the Assam Assam Act Amusements and Betting Tax Act, 1939, hereinafter VI of 1939- called the principal Act, in the manner hereinafter appearing: It is hereby enacted in the Thirteenth Year of the Republic of India as follows:— Short title, j. (j) This Act may be called the Assam Amuse- 'commence- rnents and Betting Tax (Amendment) Act, 1962. ment. (2) It shall have the like extent as the ^principal Act. (3) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. Amendment In section 3 of the principal Act, in sub-section of section 3 ,.. of Assam v1' Act VX of 1939. (1) for the portion following the colon and dash after the word ‘below’, the following shall be substi tuted, namely:— “(a) in the case of games, sports, music or dra matic performances organised by a State body (or any other body affiliated to it) which is either registered under the Socie ties Registration Act, 1860, or affiliated to A,ct2SXI ot an all-India body constituted for similar 8 purpose.......twelve and a half per centum of such payment; (b) in any other case, where the payment for admission is— (i) less than one...twenty-five per centum of rupee. such payment; 49 (ii) one rupee or...thirty-seven ana a nah more but less per centum oi sutn than two payment j rupees. (iii) two rupees or,, fifty per centum of more. payment; Provided that there shall not be charged, levied and paid to the State Government any tax where the highest payment for admission does not exceed 25 naye paise.” ; (2) the following Explanation shall be inserted at the end, namely :— “Explanation.—The rate of tax shall be charged and levied on the payment for admission excluding the tax and if the amount of tax so arrived at is not a multiple of five naye paise, it shall be rounded to the next higher multiple ol five naye paise.”