OGST Act 41Chapter VII · Accounts and Records
Section 41 · Claim of input tax credit and provisional acceptance thereof
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(1)
Every registered person shall, subject to such conditions and restrictions as may be prescribed, be entitled to take the credit of eligible input tax, as self-assessed, in his return and such amount shall be credited on a provisional basis to his electronic credit ledger.(2)
The credit referred to in sub-section (1) shall be utilised only for payment of self-assessed output tax as per the return referred to in the said subsection.Your private note on this section
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