Hai,
Can anybody explain me about Entry Tax and Octrai in detail.
Thanx in Advance
Menu
Entry Tax and Octrai
Replies (3)
Entry tax - it is the tax paid to the state govt. at the time of entry of goods into the state.
Octroi - It is the tax paid to the Municipalities at the time of entry of goods into certain locations, say cities, towns.
Thank you Mr.Prakash
Hi,
Entry Tax is the matter of particular state and levied according to the provisions of State entry Tax acts .It is the revenue of state government.
on other hand Octroi is the matter of Municipal Corporation of the particular city/town. It is collected by municipal corporation when the goods entered in to the notified Area and it is the revenue of concerned Municipal corporation.
Regards,
M P Singh
Recent Topic
- Which ITR form
- Form 103 id delayed for submission for more than 1
- Composition scheme
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
Related Topics
CAclubindia
