The maximum rates of tax on persons who are the owners or occupiers ofland or buildings or both according to the estimated total annual value shall be as follows:
(i) at the rate ofone percentum ofthe annual value ofsuch land and buildings when the annual value does not exceed rupees one thousand, and
(ii) at the rate oftwo percentum ofthe annual value ofsuch land and buildings when the annual value exceeds rupees one thousand;
Explanation I.(a) The annual value in relation to any land orbuildings means an amount equal to six percentum of the market value ofsuch land orbuilding at the time ofassessment.
(b) Market value in relation to any land orbuildings orboth means an amount to be determined on the basis of the records orvaluation list maintained by theBlock Land and Land Reforms Officerand Sub-RegistrarorDistrict Registrar, or in any othermanneras may be directed by the State Government.
22 THE KOLKATA GAZETTE, EXTRAORDINARY, NOVEMBER 23, 2004 [PAT I
Explanation 2.-For determination of ownership and the market value of the land or building or both, the Gram Panchayat shall conduct field survey and may collect self-declaration of the individual assesses about area and valuation of land or building or both and take up the matter with the Block Land and Land Reforms Officer and Sub-Registrar or District Registrarwithin the lst September ofeach year and maintain a register in Form 6 annexed to this rule containing details of land and building together with the market value so determined.The register so prepared shall be updated every year. Fresh determination ofmarket value of land or building or both shall be done after five years or after constitution of newly elected body in a Gram Panchayat whichever is earlier with the assistance of Gram Unnayan Samiti, wherever constituted.