meaning of octroi on goods entering the city
Answers
Answer:
octroi is a tax levied on goods entering a city .
Explanation:
these days it has been abolished in Delhi,haryana,etc.
Answer:
Octroi is a Kind of tax. Explained below.
Explanation:
octroi, a tax imposed on specific categories of commodities when they enter the territory by a local political entity, typically the commune or municipal government. Roman periods saw the first implementation of the tax in Italy under the name of vectigal, or portorium.
The tax known as octroi duty is imposed by local or state governments on a certain class of products when they enter the region. It is a fee for permitting the transportation of goods through the area. With the nationwide implementation of GST on July 1, 2017, the octroi was abolished.
When items are brought into a municipality or local region for use or sale, an indirect tax called octroi is applied.
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