Difference between Entry tax in lieu of octopi and Local levy of GST

Posted on 11 June 2022 Category : GST terms difference

How to differentiate Local levy of GST with Entry tax in lieu of octopi?

What is Local levy of GST? How does Entry tax in lieu of octopi work under GST regime? What is the difference between Local levy of GST and Entry tax in lieu of octopi?

Under GST system, the following information explains about Local levy of GST and Entry tax in lieu of octopi.

As per GST terms, A local property tax passed by voters of a school district that generates tax revenue for local school districts and entry tax in lieu of octopi (ETILOO) under GST are explained here. A local property tax passed by voters of a school district that generates tax revenue for local school districts. All money generated by school district levies goes directly to the school district to pay for enhancements to the state funded basic education.

The decision of the Empowered Committee (EC) of state finance ministers to not subsume "entry tax in lieu of octroi" (ETILOO) under the GST requires a rethink. It is a tiny tax, but difficult to comply with and inflicts enormous pain on the economy. It divides the Indian common market and acts like a tariff on import of goods into a local/municipal area from the rest of the country.

The details about Local levy of GST and Entry tax in lieu of octopi with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on Local levy of GST and Entry tax in lieu of octopi, so as to enable you to have a clear idea on these shipping terms.

For your immediate reference, we give below web links on Local levy of GST and Entry tax in lieu of octroi separately below. You may kindly read the below links to know more about Entry tax in lieu of octopi and Local levy of GST.

Meaning of term local levy under GST

What is entry tax in lieu of octopi (ETILOO) under GST

The above information easily explains about Entry tax in lieu of octopi and Local levy of GST.

I hope, you have satisfied with the difference between Local levy of GST and Entry tax in lieu of octopi explained above. Do you have different thought on difference between Entry tax in lieu of octopi and Local levy of GST?

Share below your thoughts about Local levy of GST and Entry tax in lieu of octopi

Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

When to pay GST?

GST on short supplied goods and services by nature

Impact of GST on imports in India

Applicable import duty after GST implantation

How to calculate IGST under imports?

Changes in IEC after GST

Linking IEC with GSTIN in customs

Import under EPCG after GST

GST on imports by EOUs and SEZs