TaxTMI 
TaxTMI 
Dear Sir,
Please provide a Negative list of ITC of West Bengal value added tax
ITC negative list of WBVAT
19 Oct 2011 
1 Reply 
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Input tax credit negative list specifies excluded goods including building materials and fuels under WB VAT framework.
The negative list appended to section 22 of the West Bengal VAT Act disallows input tax credit for specified categories of goods, including building materials, fuels and oils, electrical goods, generators, coal and furnace oil, thereby creating explicit exclusions from ITC under the VAT credit framework. (AI Summary)
The negative list appended to section 22 of the West Bengal VAT Act disallows input tax credit for specified categories of goods, including building materials, fuels and oils, electrical goods, generators, coal and furnace oil, thereby creating explicit exclusions from ITC under the VAT credit framework. (AI Summary)