Whether ITC to be reversed or not of the Goods destroyed due to lockdown ?

CA Rahul Mittal , Last updated: 15 June 2020  
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Goods of many taxpayers have destroyed or expired due to lockdown. They had paid Goods and Services Tax (GST) on it and taken the input tax credit. Many manufactures had given GST on the raw materials which are used to make the finished goods. Now the raw material has expired or gone bad. Those g

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CA Rahul Mittal
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