Bare Act

The Jammu and Kashmir Octroi (Repeal) Act, 1987

Tax19872 sections

This Act formally nullifies the Jammu and Kashmir Octroi Act, Act No. IV of Samvat 1954, effectively removing the levy of octroi tax authorized under that previous law. It applies to the entire state of Jammu and Kashmir, specifically aiming to benefit traders, transporters, and consumers by eliminating the financial burden of entry duties at state borders. The law matters because it sets the legal machinery in motion to abolish this old tax, replacing it with a regime where no entry fee is required for goods coming into the state once it is put into effect.

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