https://www.taxtmi.com/caselaws?id=163375 Entry tax under the Karnataka Act is triggered by the entry of scheduled goods into a local area; the monthly advance payment and annual assessment machinery affect only computation and collection, not the character of the levy. The tax is therefore not an annual tax. A corrigendum inserted mid-year that creates a new entry-tax exemption, without an express retrospective date, operates prospectively from its publication date and does not extend to the earlier part of the financial year. The stated result is that the exemption could not be applied for the full assessment year. en-us Tue, 29 Nov 2005 00:00:00 +0530 Tue, 01 Apr 2014 16:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163375 Entry tax under the Karnataka Act is triggered by the entry of scheduled goods into a local area; the monthly advance payment and annual assessment machinery affect only computation and collection, not the character of the levy. The tax is therefore not an annual tax. A corrigendum inserted mid-year that creates a new entry-tax exemption, without an express retrospective date, operates prospectively from its publication date and does not extend to the earlier part of the financial year. The stated result is that the exemption could not be applied for the full assessment year. Case-Laws VAT and Sales Tax Tue, 29 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163375