Input tax credit entitlement provisionally credited to electronic credit ledger, usable only to pay self-assessed output tax. Registered persons, subject to prescribed conditions and restrictions, may self-assess and claim credit of eligible input tax in their return; that credit ... Summary
Input tax credit entitlement provisionally credited to electronic credit ledger, usable only to pay self-assessed output tax.
Registered persons, subject to prescribed conditions and restrictions, may self-assess and claim credit of eligible input tax in their return; that credit is provisionally credited to the electronic credit ledger and may be utilised only for payment of the self-assessed output tax declared in that return.
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