Answer / yogendra.c

Entry Tax is a tax imposed by the state governments in India. It is levied on movement of the goods from one state to into another and is levied by the recipient state to protect their tax base.

A dealer or Purchaser who in the course of business, whether on his own purpose or other purpose brings the goods to his area from other state than he has to levy tax,

but there is no provisions of making the Entry Tax refund by claiming as Purchase Return!.

In case of Purchase return to other state it will be deemed to be as if you are moving the goods to other state as a sale, hence you are liable to pay Entry Tax.

Answer / reddy

1. Addvane TAX PAYBLE A/C Dr xxx
TO BANK A/C xxx
(BEEING TAX PAID ON PURCHASE ITEMS IN OTHER STATE)


2 BANK A/C Dr XXX
TO Advance tax paybles A/c XXX
(beaning resived from advance paybles)

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