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Is octroi duty by nature a tax you can pass on to the customer in your
billing? how is it different than VAT?
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Answer / sunita mudaliar
I think octroi is a cost, not a tax that can be passed on. would like the view
of an expert
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / mohit jain
octroi duty is passed on us by our customer as a charge in
invoices issued by him to us, but vat is totally a type of
duty charged by government on him,he has to pay.
But we charged from our customer on the total bill amount.
so, it is to be said as a type of duty we charged on
our customer, and our customer can get a benifit of it in
his books of a/c
thanx
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / shiwani vaishnav singh
Octroi is a tax levied on the entry of goods into a municipality or any other specified jurisdiction for use, consumption or sale. This duty is levied at the time when the goods enter the municipal limits where the goods are to be ultimately sold, used or consumed.
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