https://www.taxtmi.com/caselaws?id=386185 Entry tax on machinery arose when scheduled goods were brought into a local area for use during the relevant assessment year; foreign origin did not create any exemption. The taxable event was complete on entry and use, so liability crystallised in that year under the old regime. Subsequent export of the machinery in a later assessment year did not extinguish or override the completed levy, because each assessment year is a separate unit and later export is not an automatic ground for reversal or refund. The final conclusion was that the earlier entry tax liability remained unaffected by the later export. en-us Mon, 16 Sep 2019 00:00:00 +0530 Tue, 01 Dec 2020 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386185 Entry tax on machinery arose when scheduled goods were brought into a local area for use during the relevant assessment year; foreign origin did not create any exemption. The taxable event was complete on entry and use, so liability crystallised in that year under the old regime. Subsequent export of the machinery in a later assessment year did not extinguish or override the completed levy, because each assessment year is a separate unit and later export is not an automatic ground for reversal or refund. The final conclusion was that the earlier entry tax liability remained unaffected by the later export. Case-Laws VAT and Sales Tax Mon, 16 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386185