I would like to know about Karnataka Entry Tax rate. We have sold our pumps from Mumbai to Karnataka (Client-Mangalore Refinery Petroleum Ltd.) While releasing the payment they have deducted an part of amount from our payment.
Kindly confirm the rate of Karnataka Entry Tax and what proof we can ask from them for deduction of above tax.
03 May 2013
Entry tax on plant and machinery brought from outside the state is 2% on the price+transportation and handling chatges.The liability is on the buyer in Karnataka,not on the seller of other state.....mjk