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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Section 41 of Mizoram GST Act: Claiming Input Tax Credit, Conditions & Provisional Credit Explained</h1> Under the Mizoram Goods and Services Tax Act, 2017, Section 41 outlines the process for claiming input tax credit. It allows registered persons to claim eligible input tax credit, subject to prescribed conditions and restrictions, by self-assessing it in their returns. This claimed amount is then provisionally credited to their electronic credit ledger. The credited input tax can only be used to pay self-assessed output tax as detailed in the relevant return.