Octroi
This query is : Resolved
22 April 2009
What is Octroi?
For what it is charged?
Kindly clrify me
For what it is charged?
Kindly clrify me
22 April 2009
Octroi is a local tax collected on various articles brought into a district for consumption.
22 April 2009
It is Toll tax collected at the barier.
22 April 2009
What is octroi?
Octroi is a tax levied on the entry of goods into a municipality or any other specified jurisdiction for use, consumption or sale. Octroi is levied at the time when the goods enter the municipal limits where the goods are to be ultimately sold, used or consumed.
Who bears the octroi?
Generally, octroi is borne by the purchaser. Goods in transit are exempted from octroi.
Is octroi levied on all items?
Certain items have been exempted from the payment of octroi. Further, special concessions, such as refund of octroi, are available under a special package scheme of incentives made available by the government of Maharashtra to new industrial investment.
Octroi is a tax levied on the entry of goods into a municipality or any other specified jurisdiction for use, consumption or sale. Octroi is levied at the time when the goods enter the municipal limits where the goods are to be ultimately sold, used or consumed.
Who bears the octroi?
Generally, octroi is borne by the purchaser. Goods in transit are exempted from octroi.
Is octroi levied on all items?
Certain items have been exempted from the payment of octroi. Further, special concessions, such as refund of octroi, are available under a special package scheme of incentives made available by the government of Maharashtra to new industrial investment.
22 April 2009
i support the experts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Applicability
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Gst Sales of FY 2023-24
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- GST Annual Returns filing due date
- Payable outstanding for years disallowance
- TDS applicability on Service through ECO
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
