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Briefly Explanation of Entry Tax when we pay the Entry Tax
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Answer / atul nema
Entry Tax: Entry tax is state levy so it statue differs
from state to state BUT basic theme of this act is to
collect tax on entry of goods into state jurisdiction/local
area subject to certain condition and restriction.
The ET Rate normally 1% or 2%. where the state levy
provided higher rate they provided the setoff of ET paid
againt VAT payable.
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