Section-36. Claim of input tax credit and provisional acceptance thereof
(1) Every registered taxable person
shall, subject to such conditions and restrictions
as may be prescribed in this behalf,
be entitled to take credit of input tax, as selfassessed
in his return and such amount shall
be credited, on a provisional basis,
to his electronic credit ledger to be
maintained in the manner as may be
prescribed.
(2) The credit referred to in
sub-section (1) shall be utilised only for payment of selfassessed
output tax liability as per the return referred to in
sub-section (1).
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