Section 42
Matching, reversal and reclaim of input tax credit
In force
Section 42. Matching, reversal and reclaim of input tax credit.
(1) The details of every inward supply furnished by a recipient shall, in such manner and within such time as may be prescribed, be matched with the corresponding details of outward supply furnished by the corresponding supplier in his valid return for the same tax period or any preceding tax period.
Sources & verification
- • Statutory text: View source
- • CBIC reference: cbic-gst.gov.in/sec-42.html
- Source confidence: Pending verification
Quick facts
- Section
- 42
- Chapter
- IX
- Amendments
- 0
- Notifications
- 0
- Circulars
- 0
- Case laws
- 0
- Linked rules
- 3