10. Document for availing of credit

(1) A dealer requiring to furnish statement of trading stock and raw material under clause (c) of sub-section (1) of Section 20 shall furnish the same in Form DVAT 19 within   7 days of his registration taking effect.

(2)  No input tax credit shall be allowed on the trading stock or raw materials held by a dealer who is  registered or re-registered at the time when such registration or re-registration takes effect, unless the dealer has in his possession adequate proof of the amount of input tax paid in the form of a tax invoices issued by a registered dealer to the dealer claiming the tax credit.