Amendment status not verified — confirm the current text below against the official source.
[(1) Luxury tax shall be payable at the following rate by every person who occupies any room or suite of rooms- rent per day rate of luxury tax (a) Rs. 1000 to 3500 5 percent (b) above Rs. 3500 10 percent (2) Providing for business purposes conference hall, marriage hall, community hall, mandap, club, lodge, tentage resort and open space, 5 percent of the rent, where the rent is more than Rs. 10000.00 per day.]3 [Exemption and deferment of tax 4-A (1) Subject to such conditions as it may impose, the State Government may, if it is necessary so to do on the public interest, by notification, exempt any class of hotels or any specific class of luxuries provided in a hotel from payment of the whole or any part of the tax payable under this Act or allow for deferment of the payment of the whole or any part of such tax, for a period not exceeding five years.