Section 41 Maharashtra GST Act 2017 : Claim of input tax credit and provisional acceptance thereof

By | July 9, 2017
(Last Updated On: July 9, 2017)

Section 41 Maharashtra GST Act 2017

[ Section 41 Maharashtra GST Act 2017 explains Claim of input tax credit and provisional acceptance thereof  and is covered in  Chapter IX : Returns  

Claim of input tax credit and provisional acceptance thereof

41. (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.


Read Complete Maharashtra GST Act 2017

Maharashtra GST Act 2017

Maharashtra GST Rules 2017

Maharashtra GST Notifications

Maharashtra GST Rate Notifications

Maharashtra GST Bill 2017 

 

Related Topic on GST

TopicClick Link
GST Acts Central GST Act and States GST Acts
  
GST RulesGST Rules
 
GST RatesGST Rates
  
GST NotificationsGST Act Notifications
 
GST CircularsGST Circulars
 
GST Press ReleaseGST Press Release
 
GST BooksBest Books on GST in India
 
GST CommentaryTopic wise Commentary on GST Act of India
 
GST You Tube ChannelTaxHeal You Tube Channel
 
GST Online CourseJoin GST online Course
 
GST HistoryGST History and Background Material

Leave a Reply

Your email address will not be published.