Input tax credit entitlement provisionally credited to electronic ledger, usable only for payment of self-assessed output tax. Registered persons may, subject to prescribed conditions and restrictions, self-assess and claim eligible input tax in their return, which is credited provisionally to the electronic credit ledger and may be utilised only for payment of self-assessed output tax declared in that return.
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Provisions expressly mentioned in the judgment/order text.
Input tax credit entitlement provisionally credited to electronic ledger, usable only for payment of self-assessed output tax.
Registered persons may, subject to prescribed conditions and restrictions, self-assess and claim eligible input tax in their return, which is credited provisionally to the electronic credit ledger and may be utilised only for payment of self-assessed output tax declared in that return.
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