Levy of Entry Tax - stock transfer price - validity of Equalized ...

Case Laws VAT and Sales Tax

September 1, 2022

Levy of Entry Tax - stock transfer price - validity of Equalized List Price (ELP), adopted by the appellant - As per Section 4 of the Entry Tax Act, the entry tax payable by the dealer under this Act shall be charged on his taxable quantum relating to goods specified in Schedule-II and Scheduled-III, but there is no such provision for charging of entry tax on ELP adopted by the appellant, same is alien to the Entry Tax Act or VAT Act. - HC

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Levy of Entry Tax - stock transfer price - validity of Equalized ...

Case Laws VAT and Sales Tax

September 1, 2022

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