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GST implications on goods damaged in fire

This query is : Resolved 

XYZ is a manufacturer and is registered with GST. Fire broke out ay his manufacturing unit and the 1) Raw Material, 2) Semi – finished Goods and 3) Finished goods got damaged in the fire. These goods now they want to destroy being unusable. What is the action to be taken against each item as per GST provisions?

You have to reverse the ITC on the goods lost in fire.

yes reverse the itc on goods damaged.



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