Can any one explain me whats objective of leving Entry tax on goods and whats the procedure to levy?
Anoopa H P (Member of ICAI CS Executive) (192 Points)
13 June 2012Can any one explain me whats objective of leving Entry tax on goods and whats the procedure to levy?
Sonu Kumar
(Account Manager)
(665 Points)
Replied 04 January 2013
State Government Gives Protection to Local Industries
jafer
(studies)
(194 Points)
Replied 07 January 2013
Hi,
Entry tax is paid on the goods brought from outside the state. The procedure differes from state to state but u can claim entry tax paid with vat. The rate of tax differes from state to state, product to product.
The objective is to minimise the revenue loss to the state governement.
regards,
jafer
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