Amendment status not verified — confirm the current text below against the official source.
EXEMPTIONS,— No tax shall be levied on- (a) animals and vessels belonging to the Government; (b) animals and vessels kept solely for sale by dealers; (c) animals and vessels belonging to the Municipality; (d) animals, which during the whole of a half-year have been kept in any institution for the reception of infirm or disabled animals or which are certified by a veterinary surgeon to have been unfit for use during the whole of the half-year; and (e) vessels which during the whole of a half-year have been kept in a place for repairs. (f) COMPOSITION OF TAX.— With the sanction of the Council or in accordance with the regulations made by a Municipality , the Secretary may compound, for a period not exceeding one year, with any livery stable-keeper or other person keeping animals and vessels for sale or hire, for such sum as the Council may determine or as the case may be, as the regulation may provide in lieu of the tax on such animals and vessels. (g) RETURNS TO BE FURNISHED BY THE TAX PAYERS.— (l)The Secretary shall, before the commencement of each half- year, publish a notice requiring every person who, within the municipal area, keeps, owns, possesses any animal or vessel liable to tax to furnish a return in the form specified by him. (h) Every person who keeps, owns or possesses any animal or vessel liable to tax for more than fifteen days in a half- year shall furnish a return under sub-section (l)to the Secretary. (i) The Secretary shall on receipt of the return, send to every such person a halfyearly bill requiring him to pay the tax within the time, specified in the bill. (j) GRANT OF LICENCE ON PAYMENT OF TAX.— On payment of tax by a person in respect of any animal or vessel, the Secretary shall issue a licence to him to keep or use such animal or vessel for the period to which the payment relates, (k) NUMBERING OF VESSELS AND ANIMALS.— (1) The Secretary may direct that a municipal number shall be affixed to every vessel for which a licence has been granted under section 265 and that a token bearing a municipal number issued shall be kept by the owner of every animal for which a licence has been issued under that section. (l) All numbers affixed or tokens issued under sub-section (1) shall be entered in a register to be kept for the purpose in the office of the Municipality. (m) The register referred to in sub-section (2) shall be open to inspection at all reasonable times, without payment of any fee by any person who pays tax to the Municipality, (n) SEIZURE OF VESSELS AND ANIMALS WITHOUT MUNICIPAL NUMBERS.— Where a Municipal number is not affixed to a vessel or a token bearing a municipal number is not kept in respect of an animal, in pursuance of any direction under section 266, the Secretary may at any time seize and detain such vessel or animal. (o) DISPOSAL OF VESSELS AND ANIMALS SEIZED BY THE MUNICIPALITY.— (1) Where the vessel or animal seized under section 267 is not claimed, and the tax due thereon not paid and a municipal number affixed or token obtained as the case may be, within ten days from the date of seizure, the Secretary may direct that the vessel or animal, as the case be, shall be sold in public auction and the proceeds of the sale applied to the payment of,- (p) the tax, if any, due on the vessel or animal sold; (q) such penalty not exceeding the amount of the tax as the Secretary may direct; and (r) the charges incurred in connection with the seizure, detention and sale. (s) The balance of the sale proceeds, if any, shall be kept as a deposit for a period of one year from the date of sale and if not claimed within that period shall be credited to the Municipal fund. (t) Where the owner of the vessel or animal or other person entitled thereto claims the same within ten days from the date of seizure or at any time before the sale, it shall be returned to him on payment of,- (b) assignment on lease of immovable property for not less than one year but not more than five years (c) assignment on lease of immovable property for more than five years but not exceeding ten years (d) assignment on lease of immovable property exceeding tenyears but not being a perpetual lease (e) perpetual lease of immovable property - (vi) Release, that is to say , any instrument whereby a person renounces a claim upon another person or against any specified property when such release does not operate in favour of his or her spouse or children The value of the property, of the greater value, as set forth in the instrument. The value of the property, as set forth in the instrument. The amount secured by the mortgage, as set forth in the instrument. The same stamp duty on sale deed for a consideration equal to the amount of consideration of transfer. (item 21 or 22, as the case may be, of the Schedule to the Kerala Stamp Act, 1959) The same stamp duty on a Bottomry Bond (item 14 of the Schedule to the Kerala Stamp Act, 1959) on one year's average lease amount or the price fixed. The same stamp duty on a sale deed (items 21 or 22, as the case may be, of the Schedule to the Kerala Stamp Act, 1959) for a consideration equal to the average of lease amount fixed for an year. If the lease is subsisting for a very long period the same stamp duty as on a sale deed (item 21 or 22, as the case may be, of the Kerala Stamp Act, 1959) for a consideration equal to three times the average yearly lease amount or price remitted or paid for the first ten years. An amount equal to one sixth of the total amount of lease remitted or paid for the first fifty years as shown in the instrument.] The same duty as a conveyance (Sl.No.21 or 22 of the Schedule to the Kerala Stamp Act, 1959, as the case may be) for such amount or value as set forth in the release. 61A.Substitued by Act 34 of 2005 TAX ON ADVERTISEMENTS