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Punjab to withdraw 4 per cent entry tax

Chandigarh: The Punjab Government on Monday announced that it will withdraw the 4 per cent entry tax on several items including dyes, chemicals and cotton, which would hit the State exchequer by Rs 150 crore .

“We have decided to rollback the entry tax on dyes, chemicals, cotton, shoddy and worsted yarn and some of iron and steel items and a notification in this regard would be made within next seven to ten days,” Punjab Excise & Taxation Commissioner A. Venuprasad said here . PTI

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