I purchase sarees from surat & Kolkatta and deduct cash Payment discount and then pay entry tax or we have to pay entry tax on full purchase bill confused please inform on what shall we pay entry tax on 

Posted 1 year, 8 months ago by Saboo Weaves

Trade discount can be deducted from taxable amount but not cash discount, this is a general followed principal. Keeping this in mind, you cannot deduct cash discount from taxable value for entry tax.

Entry tax should be paid on overall invoice value.

Posted 1 year, 8 months ago by CA Pulkit Sharma

Hello sir, I am running plastic business with TIN number from last 6years and paying taxes, but my competitors selling their product without any tin number, so I am in big loss from last 2year. Kindly suggest some ideas. 


Bidar, karnataka 

Posted 1 year, 8 months ago by Pavan Karanji

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