Question
1, Import machinery from Head Office, it is a Stock Transfer to Branch office and that Machinery, Entry Tax applicable or not,
and
The Same machinery Sale to delers dealer will pay the entry tax .
sairam (Charterad Accountants) (42 Points)
13 February 2009Question
1, Import machinery from Head Office, it is a Stock Transfer to Branch office and that Machinery, Entry Tax applicable or not,
and
The Same machinery Sale to delers dealer will pay the entry tax .
RAJU
(LEARNER)
(1089 Points)
Replied 14 February 2009
Entry of machinery into local area whether through import, stock transfer or any other mode is liable for Entry tax. If such machinery is sold or sent outside the local area, you can claim the exemption in the month of sale.