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of <h1>Jharkhand Tax Notification Amended: New Tax Rates Based on Turnover, Option for Small Suppliers Removed.</h1> The corrigendum to Notification No S.O-50 (State Tax) dated June 29, 2017, issued by the Commercial Taxes Department, Government of Jharkhand, amends specific provisions. Paragraph 1 now specifies tax rates based on turnover: 1% for manufacturers, 2.5% for certain suppliers, and 0.5% for other suppliers. Paragraph 2, which previously allowed an option for persons with taxable supplies from specified states if their turnover did not exceed fifty lakh rupees, is deleted. The notification is retroactively effective from June 25, 2017.
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