West Bengal -VAT

[Ganeshan Kalyani]

Dear Sir,

As per section 16(4) of West Bengal Value Added Tax Act, 2003 the levy of VAT on local sales is at option of the dealer to pay VAT either on MRP or Invoice value. Kindly put some light with reference to some citation in West Bengal.

Thanks

[DR.MARIAPPAN GOVINDARAJAN]

Dear Sir,

Whether you have got clarified in the above issue? If clarified please share the same in this forum.

AI Summary

Option to assess VAT on MRP or invoice value queried; seeking West Bengal statutory citation and clarification.
Query whether section 16(4) of the West Bengal Value Added Tax Act, 2003 permits a dealer to elect to pay VAT on local sales either on the MRP or on the invoice value, and a forum respondent requested any authoritative clarification or citations be shared.