please clarify whether Lubricant oil used in the process of manufacture is liable for
Entry tax under Karnataka Entry Tax
praveen
(Chartered Accountant)
(6971 Points)
Replied 14 April 2010
Yes Lubrication oil is covered under KTEG Act and taxable at 5%
see. ctax.kar.nic.in for more details
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
