S. P. SINGH (manager - accounts) (24 Points)
03 April 2012I could not find any clarificationno on whether Input Tax credit is available on the Entry Tax to be paid by the purchasers under West Bengal Tax on Entry of Goods into the Local Areas Bill, 2012. is it available like other states lime Maharashtra?
GIRISH SHARMA
(CA)
(77 Points)
Replied 05 April 2012
Dear Mr. Singh,
Kindly share the WB Entry Tax Bill 2012, if possible.
My email ID is girish @ d2international.com
Regards
G. Sharma
MJ Krishnamurthy
(ACCT(Retd))
(7197 Points)
Replied 14 April 2012
Dear Singh,
As per your WB VAT Act no such provision is made to give input tax credit of entry tax paid. This was done under a special situation in Karnataka,for only purchase of vehicles,not as input tax credit but exemption from VAT for ET paid vehicles. Now this rule has been struck down by Court.....MJK
SUBHAJIT BANIK
(STUDENT)
(68 Points)
Replied 04 July 2012
IS ENTRY TAX LEVIED ON CD 102RI INK RESERVOIR 1200M, CD103CM MAKE UP CATRIDGE
MJ Krishnamurthy
(ACCT(Retd))
(7197 Points)
Replied 04 July 2012
Mr Subhajit Banik,
I hopeyou are asking about WB entry tax. If it is so, then, I think it is leviable.The entry says" Computer and its parts,including peripherals,printers and plotters.' in the schedule of WB Entry tax Act.....MJK
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