dear all,
time limit for claim the input tax credit in west bengal vat .
Shyamal
(******)
(38 Points)
Replied 07 September 2009
Hi,
Input Tax credit is carry forward to next financial year and to adjust against output tax liability. If u r such like 100% EOU etc then u can claim it after two years providing supporting docs that the ITC can not be set off against Output tax.
Regards,
Shyamal.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961