Appeals_And_Revision
Section 107 : Appeal to the Supreme Court – Appeals And Revision
June 10, 2017
Returns
Section 37 : Matching, reversal and reclaim of input tax credit – Returns
June 10, 2017

Section 36 : Claim of input tax credit and provisional acceptance thereof – Returns

Returns

Claim of input tax credit and provisional acceptance thereof – Returns

(1) Every registered taxable person shall, subject to such conditions and restrictions as may be prescribed in this behalf, be entitled to take credit of input tax, as selfassessed in his return and such amount shall be credited, on a provisional basis, to his electronic credit ledger to be maintained in the manner as may be prescribed.

(2) The credit referred to in sub-section (1) shall be utilised only for payment of selfassessed output tax liability as per the return referred to in sub-section (1).

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