Reversal of ITC in case of goods lost by fire

Pradeep Jain , Last updated: 11 December 2017  
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In GST regime, the scope of definition of inputs, capital goods and input services is very wide and covers almost all the imaginable goods and services that are directly or indirectly used in course or furtherance of business. However, section 17(5) prescribes a list of goods or services on which IT

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Pradeep Jain
(F.C.A.)
Category GST   Report

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