Himachal proposes entry tax on goods

By IANS,

Shimla: A bill to levy entry tax on goods brought from outside to the state was introduced in the assembly Tuesday to boost state revenue.


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The government is hoping to generate around Rs.25 crore annually from the new tax, an official said.

Chief Minister Prem Kumar Dhumal introduced the bill, proposing levying of four to seven percent tax on specific goods.

The bill proposes seven percent tax on diesel, furnace oil and lubricants, and five percent on cement and other goods used in construction of hydropower, electricity transmission and telecommunications projects.

It also proposes to levy four percent tax on iron, steel, ‘pan masala’, and cigars and cigarettes.

However, the bill exempts agriculture implements, agricultural or horticultural produces, aids for the handicapped.

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