I have doubut on Entry tax
1. Whether entry tax is applicable on Imported goods
2. Goods transferd form one branch to antother branch after using 5 years
1 Replies
MJ Krishnamurthy
(ACCT(Retd))
(7197 Points)
Replied 23 February 2013
Mr Manohar,
Entry tax is payable on imported goods also. Once ET is paid on goods at the time entry it is valid for their life time. During their repeated movements,to and fro, no further liability arises. But, records should be maintained to show that such goods have already suffered ET.......mjk
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