Input Tax Credit on Opening Stock requires a timely verified statement supported by supplier tax invoices to claim credit. Form DVAT 19 requires a registered dealer claiming input tax credit to submit a verified statement within seven days of registration listing trading stock and raw material physically held on the effective date, supported by tax invoices from registered suppliers. Credit is limited to purchases from registered dealers with invoice evidence, excludes finished goods made from tax paid raw material or capital goods and opening stock held outside Delhi, and must be claimed in a single statement with Part B invoice details carried to the main form.
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Provisions expressly mentioned in the judgment/order text.
Input Tax Credit on Opening Stock requires a timely verified statement supported by supplier tax invoices to claim credit.
Form DVAT 19 requires a registered dealer claiming input tax credit to submit a verified statement within seven days of registration listing trading stock and raw material physically held on the effective date, supported by tax invoices from registered suppliers. Credit is limited to purchases from registered dealers with invoice evidence, excludes finished goods made from tax paid raw material or capital goods and opening stock held outside Delhi, and must be claimed in a single statement with Part B invoice details carried to the main form.
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