input tax credit

dear all,

time limit for claim the input tax credit in west bengal vat .

Replies (1)

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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