https://www.taxtmi.com/caselaws?id=427059 Entry tax on goods brought into a local area was held payable on the stock transfer price declared at entry, because the statutory scheme fixed the taxable base by reference to the value of goods on entry and did not recognise the dealer's Equalized List Price. The court held that an internal pricing mechanism could not override the plain language of the Entry Tax Act, and that nothing can be added by implication to a taxing statute. The assessee's challenge failed, with no substantial question of law arising. en-us Thu, 25 Aug 2022 00:00:00 +0530 Thu, 01 Sep 2022 08:29:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427059 Entry tax on goods brought into a local area was held payable on the stock transfer price declared at entry, because the statutory scheme fixed the taxable base by reference to the value of goods on entry and did not recognise the dealer's Equalized List Price. The court held that an internal pricing mechanism could not override the plain language of the Entry Tax Act, and that nothing can be added by implication to a taxing statute. The assessee's challenge failed, with no substantial question of law arising. Case-Laws VAT and Sales Tax Thu, 25 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427059