concessional rate of entry tax on import of raw materials
कच्चे माल के आयात पर प्रवेश कर हटाने की मांग को नज़रअंदाज़ किया गया, टेक्स रेट में रियायत देने का झुनझुना।Different Institutions and trade associations has urged in their pre-budget memorandums to abolish entry tax on the import of raw materials by industries. Unfortunately, this demand was totally overlooked by Hon'ble Minister. However he said- "To promote industrialization in the State, especially MSME sector, I propose to allow concessional rate of entry tax on all raw materials, used by local industries, if such raw materials are not available locally. I will instruct industries Department to draw up a scheme for this purpose".
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