Entry tax

774 views 2 replies

Machinary Purchased in Local(Karnataka) and utalised or Capitalised In local(Karnataka) IS ENTRY TAX APPLICABLE ?

 

Replies (2)

machinery purchased within the local area is exempted from levy of entry tax, if purchase is from outside the local area for use, consumption or sales, entry tax applicable

Entry tax is applicable, if there is entry of scheduled goods into the local area.  Therefore, if the scheduled goods are moving within the local area they are outside the purview of Entry tax.  The levy is on the specified goods and taxable event is on the entry of those schedule goods into the local area. 

Further, also see whether the case falls under Section 3(4-A) of KTEG.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 29 June 2026
Article Assistant

Alvino Consultancy LLP

Mumbai

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details