GST on goods destroyed?
thotla naresh (article student) (32 Points)
27 March 2019
Weather itc can claim on goods destroyed during production process?
5 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14868 Points)
Replied 27 March 2019
No , You can not Claim ITC on Goods destroyed as per the section 17(5) (h) of the CGST act 2017 .
CA Ankit Garg
(MD | Genuine Filings)
(781 Points)
Replied 27 March 2019
In my opinion, S.17(5)(h) won't apply here as it says that Good lost/destroyed by way of gift or free sample and this is not the case here, it is normal production loss and used during the course of business, hence ITC should be available
pritesh
(CA Final student)
(7101 Points)
Replied 27 March 2019
No..as per sec 17(5) if it is not a normal loss
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 27 March 2019
No.... ITC not available in this case. If already availed then it will be reversible.
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