02 October 2013
Please clarify when the applicability of Entry Tax in Karnataka.If Machinery, purchases from with in state whether VAT + Entry Tax both are applicable? For same commodity VAT and Entry will be possible? In Entry Tax Act, Schedule 1 listed many items, whether all are liable for VAT+Entry Tax?
02 October 2013
Entry tax is levied only when the scheduled and notified goods are brought into the state from out side the state.The taxable goods are such as sugar,textiles,crude oil,petroleum products like,petrol,diesel,lubricants,furnace oil,tobacco products,films,photographic paper machinery etc.VAT is applicable during sale within the state.On entry tax goods you have to file a declaration from local seller that ET has been paid to claim exemption,if necessary.....mjk