Plez tell me all about Toll Tax including meaning of the word "Toll" and purpose of this tax and how rates of tax r calculated !
Jaspreet Singh (Accountant) (327 Points)
19 December 2009Plez tell me all about Toll Tax including meaning of the word "Toll" and purpose of this tax and how rates of tax r calculated !
Nitesh Chordia
(Business)
(231 Points)
Replied 24 December 2009
this tax's been abolished now....well toll or 'chungi' was the tax which had to be paid by parties when they sent their goods to other states...
Jaspreet Singh
(Accountant)
(327 Points)
Replied 26 December 2009
Who have told u that this tax has been abolished?Our firm has an audit of Toll Plaza for more than a year.And the meaning given by u is wrong becoz every four wheeler vehicle have to pay this tax while passing from Toll Plaza. My qus. is what is the meaning of "Toll" as Income tax is charged on income,sales tax is charged on sales,wealth tax is charged on wealth etc. So on which,this toll tax is charged?
Nitesh Chordia
(Business)
(231 Points)
Replied 27 December 2009
yupp u r right but originally toll meant the same what i told u earlier..as far as ur q. concrnd.....
meaning of toll : "charge to use road or bridge"...it is applicable when a four wheeler passes from a toll plza.
sumitkumarlal
(efgydfg)
(30 Points)
Replied 30 April 2012
kindly any body tell me that toll tax is direct tax or indirect tax?
thanks
Sumit Lal
CAclubindia
