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Sec 16(2)(d) — fourth condition for availing ITC:
ARecipient has paid CGST + SGST in cash
BRecipient has filed Form GST ITC-04
CRecipient has paid the supplier
DRecipient has furnished the return under Sec 39
Answer & Solution
Correct answer: D. Recipient has furnished the return under Sec 39
1. Sec 16(2)(d) — ITC is available only if the recipient has FURNISHED the return under Sec 39 (typically GSTR-3B).
2. Until the GSTR-3B for the relevant period is filed, the credit cannot be utilised.
3. Tax payment + return filing is a single hand.
_Source: ICAI BoS CA Final Paper 8, Ch 6 "Input Tax Credit", §Sec 16(2)(d)_
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