Section 41 of Rajasthan GST Act: “Claim of Input Tax Credit and Provisional Acceptance thereof”

Section 41 : “Claim of Input Tax Credit and Provisional Acceptance thereof” (Rajasthan GST Act, 2017)

Provisions under Section 41 of the Rajasthan GST Act, 2017 relating to “Claim of Input Tax Credit and Provisional Acceptance thereof”, are as under:

(1) Every registered person shall, subject to such conditions and restrictions as may be prescribed, be entitled to take the credit of eligible input tax, as self-assessed, in his return and such amount shall be credited on a provisional basis to his electronic credit ledger.

(2) The credit referred to in sub-section (1) shall be utilised only for payment of self-assessed output tax as per the return referred to in the said sub-section.

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