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Discussion > VAT > Others >

Objective of levy entry tax

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ARTICLES(CA final)

[ Scorecard : 57]
Posted On 13 June 2012 at 16:07 Report Abuse

Can any one explain me whats objective of leving Entry tax on goods and whats the procedure to levy?



Sonu Kumar
Account Manager

[ Scorecard : 519]
Posted On 04 January 2013 at 12:42

State Government Gives Protection to Local Industries



Total thanks : 1 times



jafer
studies

[ Scorecard : 127]
Posted On 07 January 2013 at 01:33

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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