Dear Friends
What is the difference between Octroi and Entry Tax?
With coming of GST will both go or only Entry Tax will go?
Regards
CA PRIYANSH SURYAWANSHI
(M.Com M.A. Economics CA)
(1294 Points)
Replied 08 October 2016
Power to levy entry tax is with STATE GOVT. whereas power to levy octroi is with LOCAL MUNICIPALITIES.
Both are levied on entry of goods into local area of respective state or municipalities. Two different municipalities of the same state can levy octroi but entry tax is levied only once when goods are entered from one state to other….
And yes both of these will be subsumed under GST...
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
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