Account Manager
665 Points
Joined March 2012
Entry Tax is the tax which is Charged on Specified goods for entry in local area. it is charged by state government. Rate of Entry tax is Diffrent in each State.
In Bihar Entry tax is Payble on Iron and Steel, Electrical Items, Coal, HSD, Pipe, Marble, Wine etc at Specified rate. each state has Diffrent Schedule Goods to Charge Entry Tax.
You can Take Input tax Credit Only on Construction Material or Material Which is purchase to re-sale. But Cant Claim Input credit of Consumable purchase from Other state.