Mobile Purchased for office uses but lost it


This query is : Resolved 

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A company purchased a mobile phone costing over Rs. 1 Lakh for their director's office use. However, the phone was lost within two years. The discussion centres on whether the GST input tax credit initially claimed on this purchase needs to be reversed. The consensus is that reversal is indeed required.

20 March 2025 Mobile purchased for office use of director but lt lost within 2 Years , it cost above Rs. 1 Lakh whether GST Input taken should be reversed .

20 March 2025 yes it should be reversed

20 March 2025 sir,
From when GST input to be reversed.


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