Entry Tax

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Durga Prasad Garaga (Querist)
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17 September 2008 Dear All,

Please tell me, What is the Entry Tax?

& i bought one imported Machine to AP, But karanaka state collect entry tax is it correct please clearfy me.

Durga Prasad Garaga

Tajoddin

Tajoddin (Expert)
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17 September 2008 Entry Tax has to pay on entry of goods in from out side to the in side corporation area / Municipal Area / state, on Machinary where the mhachine has final establishement, that state has to collect the Entry Tax. In Karnataka 2% Entry Tax Applicable on Plant & machinary, if the machnary is establish in Karnantaka
on Entry Value (Invoice + Customes Duty + Frieght) total Asset Cost.

Entry Tax Applicable in Karnataka for Fixed Assets, Diesel, Petrol & Vehicle Only