dear all,
time limit for claim the input tax credit in west bengal vat .
1 Replies
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.
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