loss of goods on flood
Vishnu Das (145 Points)
09 September 2019
Goods lost on natural calamity for which input credit has been taken ..Do we have to reverse the itc availed?
Vishnu Das (145 Points)
09 September 2019
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13597 Points)
Replied 09 September 2019
Yes as per GST law, no ITC available on lost goods so if availed has to be reversed.
Shivam RC
(Student)
(23683 Points)
Replied 10 September 2019
Ravi kumar
(178 Points)
Replied 15 September 2019
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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