Availment of input tax credit Section 41

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..... ed in the course or furtherance of his business Conditions/ Restrictions for input tax Credit Further Section 16 states that No registered person shall be entitled to the credit of any input tax in respect of any supply of goods or services or both to him unless, (a) he is in possession of a tax invoice or debit note issued by a supplier registered under this Act. (b) he h .....

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..... e or debit note pertains or furnishing of the relevant annual return, whichever is earlier. Availment of input tax credit As Per provisions of section 41 Of CGST Act Sub Section(1) Section 41 Every registered person shall, subject to such conditions and restrictions as may be prescribed above, be entitled to avail the credit of eligible input tax, as self-assessed, in his re .....

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