Substitution of new section for section 41

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....1 106. For section 41 of the Central Goods and Services Tax Act, the following section shall be substituted, namely:-- Availment of input tax credit "41. (1) Every registered person sha....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....not been paid by the supplier, shall be reversed along with applicable interest, by the said person in such manner as may be prescribed: Provided that where the said supplier makes payment of....