Claim of input tax credit and provisional acceptance :
Every registered person shall be entitled to take 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 – section 41(1) of CGST Act.
“Electronic credit ledger” means the electronic credit ledger referred to in section 49(1) of CGST Act – section 2(43) of CGST Act.
This credit can be utilized only for payment of self assesses tax liability as per return – section 41(2) of CGST Act.