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Entry Tax-Karnataka - Value Added Tax - VAT-CST

#1 Issue Id: - 2634
Dated: 11-1-2011
By:- Sanwa Diamond Tools Pvt Ltd
Entry Tax-Karnataka

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Dear Sir, Please clarify the following question about Entry Tax in Karnataka 1. Is entry tax liable for raw Material & consumables? 2. Is entry tax liable for trading goods? 3. When stock transfer of finished goods from one Municipality limit to another Municipality limit with in the state is liable entry tax? 4. When stock transfer of finished goods from Municipality limit to Corporation limit or wise versa with in the state is liable entry tax? Regards Byrappa KG

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#2 Dated: 19-7-2011
By:- SUGUNA MANJUNATH

1) There is no entry tax for raw materials and consumables in Karnataka.  Only notified goods attract entry tax.

2) Entry Tax is attracted on entry of goods into the local area for use, consumption or sale therein.

3) Same as above.

4) If your finished goods are notified goods, you are liable to pay entry tax.

 

 


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