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Reversal of input tax credit on capital goods

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23 August 2007 Whether reversal of credit on account of stock transfer under sub clause (b)of clause (7) of section 22 of the WBVAT Act,2003 is applicable for capital goods?
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CA. Dashrath Maheshwari

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CA. Dashrath Maheshwari (Expert)
24 September 2008 Please refer to this link:

http://www.wbcomtax.nic.in/notification/1_40.pdf

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