What is the concept of Entry tax in VAT....?
10 Replies
CA PRAMOD SARAOGI
(Chartered Accountant)
(1113 Points)
Replied 07 September 2008
Entry Tax paid on the Goods can be set off from the VAT payable .
(Guest)
| Originally posted by :Guest | ||
| " | Entry tax rates on different items? Criteria for leving entry tax in the existence of VAT? Originally posted by :Sandeep Ranjan " What is the concept of Entry tax in VAT....? " |
" |
Taxguy
(Consultant)
(3383 Points)
Replied 26 September 2008
It is tax on entry of goods into aa area, imposed by states not imposing or those who have abolished Octori. The entry is distributed to the Muncipalities to spend on disposal of goods entering an area and to clean up the mess by the entry of goods.
Octroi is collected by the respective municipality for said purpose only.
Abhishek
(na)
(21 Points)
Replied 21 March 2010
Can a registered dealer take a set off for Entry tax paid ,on purchase of goods(from Outside Orissa) for resale against VAT collected in the state of Orissa. (As per FY 09-10 rules).
K Bala Kishan
(Working)
(631 Points)
Replied 23 March 2010
Entry Tax in Orissa (due date for filing Entry Tax Return is 21st of every following month). Entry tax is to be remitted to the sales Tax authorities every month even though we claim refund of entry tax from the department.
Entry tax is to be paid on CST Purchases made from Outside State to Orissa state and the Sales tax office of Orissa will give a material list covered under entry tax and rates of entry tax on such materials are prescribed by them. Only for those items only, which should not be ineligible as per VAT Act (Should not be in negative list items of purchases as per VAT schedules) on that we can claim VAT entry tax refund claim.
anantmundhra
(CA)
(246 Points)
Replied 25 September 2013
Dose anyone have Rate list of entry Tax for all state. then please mail me,
My maid id- anantmundhra @ gmail.com
Sonu Kumar
(Account Manager)
(665 Points)
Replied 27 September 2013
Entry Tax is the tax which is Charged on Specified goods for entry in local area. it is charged by state government. Rate of Entry tax is Diffrent in each State.
In Bihar Entry tax is Payble on Iron and Steel, Electrical Items, Coal, HSD, Pipe, Marble, Wine etc at Specified rate. each state has Diffrent Schedule Goods to Charge Entry Tax.
You can Take Input tax Credit Only on Construction Material or Material Which is purchase to re-sale. But Cant Claim Input credit of Consumable purchase from Other state.
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