entry tax provisions

JAYESH SANGHRAJKA & CO. LLP
CHARTERED ACCOUNTANTS
ENTRY TAX PROVISIONS
In the previous update we were acquainted about filing the entry tax returns and assessment.
In today’s update, we shall learn about Rates of Entry Tax.
NOTIFICATION NO. “FD 11 CET 2002”, dated 30THMarch, 2002 PROVIDES FOR THE RATES OF
ENTRY TAX ON GOODS:
This notification is effective from the 1st of April, 2002. The rates of entry tax have been stated in the
table given below, for the entry of goods into the local area, for the purpose of consumption, used or
sale therein.
SL. NO.
COMMODITY
RATE OF TAX
1
Crude oil
2%
2
Petrol
5%
3
Diesel
5%
4
Super Light Diesel Oil
5%
5
Furnace oil
5%
6
Naphtha other than for use in manufacture of fertilizers
5%
7
Low Sulphur Heavy Stock
5%
8
Rectified Spirit, Neutral Spirit, Ethyl Alcohol
4%
9
Petroleum products: that is to say:
o Lubricating oil,
o Transformer oil,
o Brake fluid or Clutch fluid,
o Bitumen (asphalt),
o Tar and others
(Excluding Liquefied Petroleum Gas (LPG), Aviation Fuel and
5%
Kerosene)
10
Sugar other than levy sugar , confectionary and the like
11
Textiles, namely, cotton, woollen or silk or artificial silk
including rayonor nylon and other man‐made or synthetic
1%
405‐407, Hind Rajasthan Centre, D.S. Phalke Rd, Dadar (C. Rly.), Mumbai 400014, Maharashtra
: jayesh@jsandco.in / : 40774600 (18 Lines) Website: www.jsandco.in/www.batgach.com
Branches at Kanjurmarg & Vashi
JAYESH SANGHRAJKA & CO. LLP
CHARTERED ACCOUNTANTS
fabrics manufactured in mills or power looms and hosiery
cloth in length; and including fabrics coated with or
impregnated with PVC or cellulose derivatives (whether or not
manufactured in mills or power looms).
12
1%
Tobacco products of all descriptions including cigarettes,
cigars,
Cheroots, zarda, Quimam, etc., but excluding Snuff.
4%
13
Gutkha
4%
14
Beedies
1%
15
Diesel Captive Generation Sets
4%
16
Machinery (all kinds) and parts and accessories thereof but
excluding
agricultural machinery
17
Films (all kinds) including x‐ray films and Photographic paper
18
Lifts, elevators and escalators (whether operated by electricity
or
hydraulic power) and parts and accessories thereof
19
2%
5%
5%
Raw Materials and inputs, which are used in the manufacture
of
Tobacco Products and Liquor.
1%
NOTE:
1. Entry tax shall not be levied by a dealer, on the goods specified in serial number 10, 11, 16, 17
and 18 in the table above, when brought into a local area for consumption or use as raw
materials/ component parts/ inputs, in the manufacture of an intermediate/ finished product
(but excluding when brought for use in the manufacture of tobacco products and liquor).
2. If any of the goods specified in serial numbers 1 to 18 in the above table, are brought into a local
area for use/ consumption/ raw material/ inputs, in the manufacture of tobacco products and
liquor, the tax liveable and collectable on such goods shall be at the rate specified in such “serial
numbers only”.
405‐407, Hind Rajasthan Centre, D.S. Phalke Rd, Dadar (C. Rly.), Mumbai 400014, Maharashtra
: jayesh@jsandco.in / : 40774600 (18 Lines) Website: www.jsandco.in/www.batgach.com
Branches at Kanjurmarg & Vashi