Karanataka cst / vat / kteg

This query is : Resolved

VENKATESH Purushothaman (Querist)
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22 April 2014 Could someone help me to clarify ?
I will be buying Agricultural Food Related products/goods from outside of of Karnataka and would be selling domestically in Karanataka.

What is KTEG ?
http://ctax.kar.nic.in/acts/kentryt/kteg.pdf

Do we need to Click Yes/No for KTEG when we apply online for Karnataka VAT / CST ?
http://164.100.80.121/cto/RegistrationOptions.aspx

Thanks,
Venkatesh

Santosh Kalburgi

Santosh Kalburgi (Expert)
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22 April 2014 KTEG is Karnataka Tax on Entry of goods. It is levied on certain goods at the time of their entry into the state.
Regards,
Santosh G Kalburgi
9742022309

VENKATESH Purushothaman

VENKATESH Purushothaman (Querist)
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23 April 2014 Thanks Santosh for your response.

How do I know, for which product we have to pay KTEG ?

Thanks,
Venkatesh
984594460
venkateshpurushothaman@gmail.com

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Santosh Kalburgi

Santosh Kalburgi (Expert)
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23 April 2014 Agricultural products does not attract KTEG except tobacco, sugar and confectionery.
You can refer the link
http://ctax.kar.nic.in/tax_rates/kteg/KTEG.pdf

Regards,

CMA Santosh G Kalburgi
Cost Accountant
9742022309

VENKATESH Purushothaman

VENKATESH Purushothaman (Querist)
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23 April 2014 Thanks Satosh, this really helps :)-

I appreciate the time that you have taken to answer my query.