RAMESH KUMAR SINGLA
(PROFESSIONAL)
(1777 Points)
Replied 14 January 2018
The supply of goods is liable to GST from the date of invoice issued by the supplier. Since the goods are lost, you will not be receiving any payment also and the customer would also not be eligible for any itc. You pay the tax and claim from the insurance including the amount of tax suffered.
mukund
(manager)
(480 Points)
Replied 15 January 2018
RAMESH KUMAR SINGLA
(PROFESSIONAL)
(1777 Points)
Replied 15 January 2018
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
