defination of iron and steel

[tagai ajay]

dear sir

i am  a manufacturer  of commercial vehicle auto components i e eicher  at pithampur dhar mp i am purchase casting form rajsthan and gujrat can i liable for entry tax on above goods. iron and steel exempted in mp 

[YAGAY and SUN]

Dear Tagai Ajay,

Please check the Section 14 of the CST Act, 1956 regarding goods of special importance read MP Entry Tax Act.

Regards,

Team YAGAY & SUN

(Consultants - Indirect Taxations)

AI Summary

Entry tax liability for purchased castings hinges on classification as iron and steel and inter state sales rules. Whether a manufacturer is liable to entry tax for castings purchased from other States depends on whether the castings qualify as exempt iron and steel and on the interaction between central inter state sales provisions and the State Entry Tax Act; the advisory directs checking the Central sales law and the State entry tax statute to resolve classification and applicability of entry tax.