Entry Tax - STP unit
This query is : Resolved
18 August 2008
Ours is a 100% EOU registered under STP Scheme and operating from Feb 2005 in Karnataka. We are importing capital goods from different countries and would like to know whether this will attract Entry Tax under the The Karnataka Tax on Entry of certain Goods AND
under The Karnataka Special Tax on Entry of Certain Goods Act, 2004.
under The Karnataka Special Tax on Entry of Certain Goods Act, 2004.
18 August 2008
You can get the answers from the following website
https://www.blr.stpi.in
or otherwise you can contact the following telephone no.
+91-80-66186000 to 007,28520959 to 963
or through email
bdg@blr.stpi.in
https://www.blr.stpi.in
or otherwise you can contact the following telephone no.
+91-80-66186000 to 007,28520959 to 963
or through email
bdg@blr.stpi.in
24 August 2008
Dear Sir,
With regards to imports of Karnataka Tax on Entry of Goods, u are liable for 2% entry tax on import of machineries (though the department cannot levy the same, but will harass and demand this liability). With regards to goods taxable under Special Entry Tax, the act is struck down by the Hon'ble Karnataka HC. However as precaution, please make necessary disclosures in your VAT return.
With regards to imports of Karnataka Tax on Entry of Goods, u are liable for 2% entry tax on import of machineries (though the department cannot levy the same, but will harass and demand this liability). With regards to goods taxable under Special Entry Tax, the act is struck down by the Hon'ble Karnataka HC. However as precaution, please make necessary disclosures in your VAT return.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Transfer of Physical Stock Between Two Proprietorship Concerns
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Taxation of crypto futures in India Fy 2026- 2027
- Oct 2025 Invoices
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
