Entry tax

Others 842 views 2 replies

Dear sir/madam,

Wish you happy new year.

Please answer these,

1) Entry tax collected can be adjusted with vat/excise/service tax ?

2) When entry tax is paid or collected, meant, while selling ouside the state or outside the town/city ?

3) When entry tax return has to filed and what is the procedure?

4) How to calculate entry tax while selling the goods and while purchasing the goods, meant wheather including vat/cst or not?

5) what are all the rates of taxes and on what commodities the entry tax is applicable?

The above mentioned is for Bangalore.

Thanks in Advance,

Replies (2)

Position in MP is as under:

1) Entry tax collected can be adjusted with vat/excise/service tax ?

No

2) When entry tax is paid or collected, meant, while selling ouside the state or outside the town/city ?

Entry Tax is levied on Entry of any good in local municipal area (i.e. on purchases from outside the municipal area)

3) When entry tax return has to filed and what is the procedure?

Quarterly

4) How to calculate entry tax while selling the goods and while purchasing the goods, meant wheather including vat/cst or not?

Entry Tax has to be calculated on inclusive all the costs upto our premises (i.e. including VAT/CST)

5) what are all the rates of taxes and on what commodities the entry tax is applicable?

Please refer to the schedule of the Entry Tax Act.

1. Entry Tax Paid can be Adjusted against VAT Payble.

2. Entry Tax is Pay by the Purchaser to the State Government .... when they Purchasing Goods From Outside of State.

3. Entry Tax Return is Filed monthly.

4. Entry Tax is Calculated on Gross Bill Value Including CST..... Entry Tax is Calculated While Purchasing Only.

5. Visit your State Commercial Tax department Website.

Thanks


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